Judge, 1921-07-09 · page 35 of 36
Judge — July 9, 1921 — page 35: what you’re looking at
What you’re looking at
This page is **not a cartoon but a government advertisement** from Judge magazine. It's a propaganda piece promoting Treasury Savings Securities during what appears to be the World War I era (the phrase "pressing Governmental and industrial needs" suggests wartime financing). The ad targets business owners ("Men of Affairs"), urging them to establish workplace savings associations among employees to fund government borrowing. The Niagara Falls metaphor—many small drops creating enormous power—illustrates how modest individual savings accumulate into billions for state needs. For modern readers: This reflects early 20th-century government financing strategy, before automated payroll deductions became standard. It assumes employers would actively organize workers' savings, presenting this as patriotic duty benefiting both employees and national interests. The rhetoric conflates personal and governmental financial health in ways contemporary readers might find propagandistic.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
Men of Affairs Are your capital needs fully satisfied? Do you realize that adequate supplies of loanable funds can be accumulated only through the funda- mental process of SAVING? As Niagara’s enormous power consists of little drops of water—so will individual savings in the ag- gregate produce literally billions of dollars of new capital for pressing Governmental and industrial needs! Treasury Savings Securities in denominations of 25c to $1000 are an admirable investment for small savings. Form a Government Savings Association in your plant. It will help your employees and will indirectly help supply the funds urgently required for business enterprise. Our Special Folder “BILLIONS OF NEW CAPITAL” and Treasury’s Industrial Savings Plan explains how. Free to employers. GOVERNMENT LOAN ORGANIZATION Second Federal Reserve District 120 Broadway, New York City comicbooks.com