Granite State Stories: N.H. raises $17 million in third Liberty Loan campaign

  • RIGHT: Weapons for Liberty, poster by Joseph C. Leyendecker (1874–1951), lithograph by American Lithographic Co., New York, 1918. Boy Scouts and Girl Scouts became the most effective fundraisers, operating under the slogan “Every Scout to Save a Soldier.” Courtesy of the New Hampshire Historical Society

Published: 7/13/2018 12:12:57 PM

World War I cost the United States an estimated $22 billion, and the federal government raised two-thirds of that amount through five Liberty Loan campaigns held between 1917 and 1919.

In total, New Hampshire residents contributed more than $80 million to these campaigns and gave an additional $1 million to private relief organizations like the American Red Cross.

On average, each Granite State resident gave $164 to the war effort, which exceeded the national average of $153 per person.

The third Liberty Loan campaign, which began in April 1918, involved a massive public relations effort by the U.S. government. President Woodrow Wilson declared April 27 as National Liberty Loan Day and purchased a $50 bond, challenging every American to match him. In New Hampshire, the third Liberty Loan campaign raised more than $17 million.

N.H. Historical Society


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