185.7 Billion Bonds were sold. They paid 2.9 per cent, and matured in 10 years. This in a period of about 5 years A bond cost 18.75, and you could collect the face value of 25.00 at that time.
When I was in Kindergarten, we would line up after our morning milk break, to buy war bond stamps for 10 cents. We honestly had no idea what they were, only that it was a good thing. We would lick them and stick them in a book, and take them to the bank when the book was full. The bank would exchange it for a real US series E bond!! Wow!! And we felt sooo patriotic, because of all the publicity. We were glad to do it.
This when the median American income was around 2,000.00 per YEAR, not per month, and this country was at war with everything you can imagine rationed (not available to buy, or limited as to how much one person could buy).
So my next question is this, President Obama and the congress, Why the heck aren't you issuing them today, so we can pay our own way out of the terrible debt we're in? I've got a whole bowl of change and I'm waiting!!
To finance war effort and expenses many governments issued Debt Securities like War Bonds. During WW II in USA alone 85 million US citizens purchased War Bonds worth 185 billion US dollars.
$185.7 billion
185 trillion
rainbow unicorns
about 37 million dollars
War bonds were a very simple method for the government to make money. At the time, most of the wages Americans were getting were from making the things the government was spending money on, so they encouraged civilians to put that money back into the war effort.
Under the Articles of Confederation, the American government was not even granted the power to tax as a way to raise revenue, very much unlike the American government under the US Constitution. The only way they could raise funds was by asking for money from the states, from foreign powers, or by selling off lands in the west.
he raised 2 million on his run and a telethon by ctv when he was in the hospital raised over 10 million
money! ;p
about 37 million dollars
How much money can a president spend? all of it. How much money can a president raise? .. well that tend not leave office with the country rich
try and raise as much money as you can as there are people around the world in terrible conditions
Barry Bonds made alot of money... he made 14,989,65 per year
It is estimated that it will raise between £12 bn And £15 bn
The Red Cross has not released information on exactly how much money they raise every year. They do state that they spend hundreds of millions of dollars on helping out the community with the money that they raise though.
WWF raise as much as possible, normally around £1,000,000,000
Over 180 Billion dollars was raised in war bonds. There were donations too and regular budget money.
Raise Your Voice grossed $14,811,980 worldwide.
Raise the Titanic grossed $7,000,000 worldwide.
£500,000.00
lots and lots of millions