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■ By SENATOR HENRY CABOT LODGE
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The war will be won by men and ships, by
guns and airplanes. To raise armies and
supply them, to build the navy and support
it, and to furnish ships and transports, we
must have money in large amounts. The
expenditures of the Government for the ensu
ing year are estimated at $24,000,000,000, a
sum that baffles the imagination to conceive.
That vast amount must come one-third from
taxes and two-thirds from loans. The suc
cess of the Fourth Loan, like those that pre
ceded it is, therefore, absolutely necessary.
We must work with the highest speed, as if ,
the war was to end in six months. We must
prepare in every direction, as if it was to last
for years. Speed and preparation are both
expensive. Without the Loans we cannot
have either.
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We are Fighting to Secure a Just
Righteous and* Lasting Peace
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For a complete peace we must have a complete victory,
It must not be a peace of bargain or negotiation. No
peace which satisfies Germany can ever satisfy us. No
peace that leaves Germany in a position to renew the
war against us will be worth having. It will be far from
sufficient to gain all our objects on the Western front—
Belgium, Alsace-Lorraine,, Italia Irredenta. The Presi
dent with wisdom and foresight and great force expressed
his determination to redeem Russia. Russia must not
be left in Germany’s hands. That would mean another
war. Poland must be free. Slav republics must be
established to bar the way between Germany and the
East. Serbia and Roumania must be redeemed. All
these things are essential. Nothing will bring them but
complete victory and a peace dictated by us and our
allies. It is a conflict of ideas. It is the principle of
evil arrayed against the principle of good. It is the
battle of freedom and civilization against barbarism and
tyranny. We must win and we shall win. We cannot
win without money, and, therefore, these loans are vital
and the country shield rally in all its strength and sub
scribe and over-subscribe the Fourth Loan.
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Buy Bonds to Your Utmost
This Space Conti ibuted by
W. E. BEVENS & SON, R. J. WISE GROCER CO.
NEWPORT, ARKANSAS
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