United States Treasury - 1944 dated Disney Certificate for Purchasing War Bonds
Inv# TB1076 Bond
United States Treasury War Finance Committee Certificate. WWII. Walt Disney War Bond Certificate. Beautiful multicolored artwork of Disney characters. Mickey, Donald, Goofy, the Seven Dwarfs, etc. A Rare Classic! These were issued as premiums to purchasers of U.S. WWII savings bonds.
War bonds, commonly referred to as victory bonds in propaganda contexts, are financial instruments issued by governments to finance military operations and other wartime expenses without imposing significant tax burdens. They function as a tool to counteract inflation by removing money from circulation in an economy that is often buoyed by wartime activities. War bonds are divided into two categories: retail bonds, which are sold directly to the public, and wholesale bonds, which are traded on stock exchanges. The promotion of war bonds typically emphasizes themes of patriotism and civic duty. Retail war bonds generally provide lower yields compared to those found in the wider market and are available in various denominations to ensure they are accessible to all citizens.
As the war progressed, the initiatives for war bonds and certificates were more systematically organized under the National War Finance Committee, established in December 1941. This committee was initially chaired by the president of the Bank of Montreal and subsequently by the Governor of the Bank of Canada. Under this enhanced leadership, the committee developed strategies, propaganda, and extensive volunteer recruitment for bond drives. These drives were conducted biannually, during which no other organizations were permitted to solicit public contributions. The government allocated over $3 million for promotional activities, which included posters, direct mail campaigns, film trailers (some created by Walt Disney in partnership with the newly established National Film Board of Canada's animation department), radio advertisements, and full-page advertisements in major daily newspapers and weekly magazines. Furthermore, realistic staged military events, such as the If Day event in Winnipeg, Manitoba, were employed to raise public awareness and stimulate bond purchases.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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