Tag: war bonds
Each January, as frost and snow cover baseball fields across America, the National Baseball Hall of Fame and Museum provides heartwarming news for fans of our national pastime. This is the season when the Baseball Writers’ Association of America elects new members from the ranks of retired ballplayers.
When the Hall of Fame was first established in 1936, its inaugural class of inductees included legendary ballplayers Ty Cobb, Walter Johnson, Christy Mathewson, and Babe Ruth. These were four of the most talented stars of the early 20th century—a collection of hitters and pitchers worthy of Major League Baseball’s highest honor.
And while all four ballplayers are best known for their statistics and individual accomplishments, they also distinguished themselves for patriotic actions off the field.
As World War I drew to a close in 1918, both Ty Cobb and Christy Mathewson served in France as part of the Chemical Warfare Service. Commonly referred to as the “Gas and Flame Division,” the unit combated the virulent effects of German gas attacks.
Throughout the final months of the war, the two ballplayers took part in several dangerous training exercises. “Men screamed . . . when they got a whiff of the sweet death in the air, they went crazy with fear,” Cobb recalled in his 1961 autobiography. The … [ Read all ]
Posted by Gregory Marose on January 24, 2012, under - World War I, - World War II, Prologue Magazine.
Tags: 104th Field Artillery Regiment, Babe Ruth, baseball, Beyond the Box Office, Christy Mathewson, National Baseball Hall of Fame and Museum, New York National Guard, The Bambino, Ty Cobb, Walter Johnson, war bonds
I was going to try to find another bearded man to feature, but it’s practically Christmas Eve, and let’s face it, Santa Claus has the most famous beard (and reindeer) of all.
It’s like a giant cloud of fluffy white snow around his chin. It’s his defining characteristic. In the middle of July when there’s an older gentleman on the beach sweating under a large white beard, we just know that’s really Santa on vacation.
We have lots of pictures of the jolly old elf in our holdings. Santa Claus was a popular figure for World War II advertisments to encourage citizens to buy war bonds. No word on whether his snowy-white beard was the deciding factor in buying them, but I bet it made buying them more like a Christmas gift and less like a patriotic duty.
But my favorite image of Santa Claus from our holdings is the one above.
The original captions reads: “Personnel of USS LEXINGTON celebrate Christmas with make-shift decorations and a firefighting, helmeted Santa Claus, 12/1944.”
These young men were away from home over the holidays in 1944, but they still managed to bring the spirit of St. Nick to their ship during wartime. Someone took the time to make paper chains and paper tree, and hang a hand-drawn sign. And what else embodies the Christmas spirit like making your fellow serviceman … [ Read all ]
As the calendar turns to August and the summer heat sets in, no topic is hotter than the debt ceiling.
Congress has voted to increase the debt limit more than 100 times since it was first established. How did this get started? Part of the answer is in these nearly century-old posters.
To raise money for the costs of World War I, the Federal Government began issuing war bonds. When the first round was not as successful as hoped, artists were commissioned to make more compelling posters, and famous actors encouraged citizens to buy them. Purchasing war bonds came to be seen as a patriotic duty, and several more sets were issued during the war.
With the passage of the Second Liberty Bond Act in 1917, the Department of the Treasury began issuing long-term bonds in order to minimize the government’s interest costs. As a means of managing these new obligations, the legislation enacted a statutory limit on federal debt.
Legislation passed over the next two decades created similar limits for other types of government-issued debt, including the bills and the notes issued by the Treasury.
By 1939, Congress eliminated these separate limits and established one aggregate debt limit. The nation’s cumulative debt at the time was $40.4 billion, approximately 10% below the … [ Read all ]
Posted by Gregory Marose on August 1, 2011, under - World War I, - World War II, Uncategorized.
Tags: Congress, debt ceiling, debt limit, Second Liberty Bond Act, war bonds, world war i, World War II