How
does the government finance a war? The answer depends on the decade you are
discussing. For both World War I and WWII the government asked the people to
help.
Throughout
World War II,
individuals, businesses and groups could purchase War Bonds. In addition to
on-going sales, there were also seven War Loans and a Victory Loan. The fund-raising
efforts ended December 31, 1945.
Lester Sparks, William Wheeler and Myron Bassette outside the south entrance to the bank with a Defence Savings Bond sign. Blauvelt WWII scrapbook, collection of the Interlaken Historical Society |
On
January 25, the Interlaken-Lodi Joint War Bond Committee held a Victory dinner
at the Goodman Hotel. The report of the evening included a summary of when and
how much funds were raised between the two towns.
The
individual campaigns, the efforts before the US entered the war with Pearl Harbor, and funds raised between
campaigns totaled $1,060,469.10.
The report given by Mrs. Jane
King, Ladies’ Chairman of the Town Committee noted:
May 1, 1941, to Dec. 7, 1941 $ 27,232.50
Sales
to March 27, 1943 237,169.35
2nd
War Loan 41,538.75
3rd
War Loan 60,835.00
4th
War Loan 89,668.47
5th
War Loan 95,268.00
6th
War Loan 98,529.75
7th
War Loan 190,018.51
Victory
Loan 128,748.35
Sales made between drives. 91,460.42
The
Wheeler National Bank purchased over a million dollars in bonds, and with the “miscellaneous sales credited by
the County Headquarters,” the grand total was $2,117,769.10.
Jane King and Myron Bassette who were involved in the War Bond efforts, 1943. Blauvelt WWII scrapbook, Interlaken Historical Society collection. |
In addition to the local efforts and people involved, two members of the community were involved with the County Committee: Mrs. Esther Wyckoff, Ladies’ Vice-Chairman of County Committee, and Myron W. Bassette, Town Chairman, and Co-chairman of the County Committee
One couple used their war bond
purchase as a way to honor Gen. Eisenhower. The letter from General Eisenhower
to Myron Bassette dated August 4, 1945, thanked him and Mr. and Mrs. Charles
Clapp for the war bond purchased in his Honor, and for the message the Clapps
included with the wrapped pennies #1988-58. Click here to see General Eisenhower's reply.
Notes included on the pennies used to purchase a WWII bond. Collection of the Interlaken Historical Society |
Copy of the letter to Gen. Eisenhower explaining the bond purchased in his honor. Collection of the Interlaken Historical Society |
The Review article listed
several people who would be speaking, noting that citations at many levels
would be presented. Assisting in making it a festive “Victory” dinner, the
music was provided by the Seneca Street Orchestra.
Dewitt’s
Diary: January 25,
1945 Another bad day. Temperature 5 below. Snow blowing all day. Some of the
highest banks I ever saw around here. About 7 below tonight and only a breeze
blowing. Walked down to Earl’s [Wilson]. All highways blocked and railroads.
1946 Mild today B.H. [Bunny Haviland]
papering the south upstairs room. Fixing floor and painting. Strong wind and
snow flurries from the west.
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