![]() Which of the images do you believe had the least impact? Explain.Which of the posters do you believe had the greatest impact on the American people and influenced them to support the war effort in some way? Explain.What tone is created by the poster and what in the poster is creating that tone? Be specific! List as many facts/examples that may apply.Carefully analyze each propaganda poster and answer the following questions about each one:.Was asking the American people to voluntarily pay for the war effort through purchasing Liberty Bonds a good idea? Explain.Why, in your opinion, did the American government decide to fund the majority of the war effort through fundraising instead of taxes?.It is a kind of crusade and like all crusades, it sweeps along on a powerful stream of romanticism.” They are a result of McAdoo’s belief that “any great war must necessarily be a popular movement. The posters below are a sampling of the different types of propaganda the government used to urge Americans to support the war effort. They educated Americans about the causes and potential costs of the war and appealed to their patriotism. Propaganda posters advertising the sale of Liberty Bonds were crucial to the fundraising efforts. Seventeen billion dollars was raised through the sale of Liberty Bonds and $8.8 billion was raised through taxation. By the end of the war, 20 million people had purchased Liberty Bonds. There were four Liberty Loan drives and a Victory Loan drive, which occurred after the armistice. Ten certificates could be traded in for a $50 Liberty Bond. ![]() Once the card had sixteen stamps, it was exchanged for a $5 War Savings Stamp, which was affixed to a War Savings Certificate. To make the bonds more affordable for the general public, a savings system was implemented that allowed people to buy Thrift Stamps for 25 cents each and paste them onto a collection card. The lowest denomination for the Liberty Bond was $50, which was equivalent to two weeks’ salary for factory workers. McAdoo explained that “we must be willing to give up something of personal convenience, something of personal comfort, something of our treasure-all, if necessary, and our lives in the bargain, to support our Noble sons who go out to die for us.” Use volunteer labor instead of government workers to sell the bonds The plan had three parts:Įducate people on the causes and objectives of the warĪppeal to Americans’ patriotism, encouraging everyone from children to millionaires to reduce personal spending in order to buy bonds On April 28, 1917, only twenty-two days after the US entered the war, McAdoo announced the Liberty Loan Plan to sell Liberty Bonds to fund the war. Therefore, McAdoo decided to gather one-third of the money needed through taxes and the rest through fundraising. McAdoo, did not want to risk devaluing the new US paper currency, which had only been in existence since 1914. During World War I, the Secretary of the Treasury and head of the Federal Reserve, William G. The Civil War had demonstrated that simply printing more currency would lead to inflation and economic trouble. When the United States declared war on Germany in April 1917, it needed funds to support the war effort.
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