events
World War II: U.S. President Franklin D. Roosevelt announces the sixth War Loan Drive, aimed at selling US$14 billion in war bonds to help pay for the war effort.
Related Wikipedia articles
Franklin D. Roosevelt
President of the United States from 1933 to 1945
Franklin Delano Roosevelt, also known as FDR, was the 32nd president of the United States from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served more than two terms. His first two terms were centered on combating the Great…Source: Wikipedia (CC BY-SA)
War bond
Government debt security issued to finance wartime expenditure
War bonds are debt securities issued by a government to finance military operations and other expenditure in times of war without raising taxes to an unpopular level. They are also a means to control inflation by removing money from circulation in a stimulated wartime economy.…Source: Wikipedia (CC BY-SA)