In 1916, Woodrow Wilson proclaimed June 14 as “Flag Day.” Then, in 1917 he argued the case for the United States to join World War One. Continue reading
When the United States entered World War I formally in 1917, the government recognized the need to raise money for the war effort. Already about $3,500,000,000 in debt to foreign creditors, the nation would need a significant amount of capital to loan funds and equipment to the Allies, as well as to supply and send troops overseas. To motivate Americans to loan money to the government, William Gibbs McAdoo, Secretary of the Treasury and Woodrow Wilson’s son-in-law, created the Liberty Loan Bonds in 1917. Over the course of the war, the government issued four series of these war bonds. Five months after Armistice, the Treasury authorized a fifth and final series, the Victory Liberty Loan, on April 21, 1919. According to one pamphlet from the time, the money raised from this series would bring soldiers home from overseas, assist wounded veterans, and pay for wartime munitions.
A flock of sheep grazed on the White House lawn for several years, beginning in the spring of 1918. With the American entry into World War I, the sheep saved manpower by keeping the grass trimmed, but their most valuable contribution to the country’s war effort was their wool.