Displaying items by tag: World War I
This morning I came across two photographs of a rally for the Fourth Liberty Loan in Norristown. Described in the Times-Herald as a “monster demonstration,” the parade was to encourage people to buy bonds to help pay for World War I.
The Fourth Liberty Loan officially got underway on September 28, 1918. The parade took place on the 27th. The large parade included local companies, like Alan Wood Steel, scouts, the Red Cross, veterans, fire companies, marching bands, and even some cowboys from Betzwood Studios.
The man speaking in this picture is Judge William F. Solly, who spoke as a last minute replacement for Henry I. Fox, a local attorney who was ill.
The United States entered World War I in April of 1917, but it was a year before American troops began traveling to Europe. Propaganda showed the dire possibilities of the war. This small poster is from our collection:
Liberty Bonds could be purchased in multiple denominations. The government was authorized to issue them through the Second Liberty Load Act of 1917. That act is still the basis for the issue of treasury bonds today. Initially, Americans were slow to buy the bonds, perhaps because it was not a common thing in American life to loan the government money. By the time of the Fourth Liberty Loan, however sales were good. This small notebook from a women’s committee in Lower Gwynedd records the sales.
The Fourth Liberty Loan would mature in 1938. They were to pay 4.25%, but the government defaulted on the Fourth Liberty Loan, making it the only federal bonds to default. When issued, the bond stated that it would be paid according to the “present value of gold” but in 1933, the US abandoned the gold standard. So the government refused to pay the full value of the bonds.
In honor of the United States’ entrance into World War I on April 6, 1917 we wanted to highlight a related object from the Historical Society’s collection. The medal is a French Wounded Fund Medal commemorating the entry of the United States into the war. On one side of the medal is an eagle, shield, and sword. The shield is a combined crest of the United States’ allies, Great Britain, France, Italy, Japan, Serbia, Belgium, Russia, Montenegro, and Serbia. Around the edge of the coin it reads “Do Right and Fear No Man” which was inspired by an inscription on one of George Washington’s swords.
Britain is the ship, France is the rooster, Italy is the Cross of Savoy, Montenegro the small lion’s head, Russia is the bear, Belgium is the roaring lion, Serbia is the four E’s, and Japan is the rising sun.
On the reverse is the shield of the U.S. with the recognizable stars and stripes surrounded by a laurel wreath. Within the shield on the line separating the stars and stripes is the inscription “APRIL VI MDCCCCXVII” or April 6, 1917. In a circle around the shield is the phrase from Abraham Lincoln’s Gettysburg Address “That Government by the People Shall Not Perish.”
The reverse side of the medal.
The American Fund for French Wounded was a charitable organization established by American women. The organization was intended to help the wartime hospitals in France. Medals such as this one and other items like this one were used to raise funds for medical supplies and improved hospital conditions in Europe. The American Fund for French Wounded was active throughout the U.S. starting in 1915.
A close-up of the reverse of the medal, showing the date April 6, 1917 in Roman numerals.
The medal is object number 6,418a donated by Joseph H. Smith in 1920.