1941, in an effort to raise money for the projected entry of the U.S. into the war that was raging around the world, the U.S. Treasury began marketing the new
Series E Bonds U.S. Savings Bonds as "defense bonds". The first one was sold to President Franklin D. Roosevelt on
May 1,
1941, by Secretary of the Treasury Henry
Morgenthau.
[2] After the formal entry of the United States into the war in December of that year, these bonds became known as "war bonds". These bonds were simply the latest offering of the U.S. Savings Bonds program that had begun in 1935, which replaced U.S. Postal Savings Bonds, and continues to this day. However, the mood of the nation at that time allowed the U.S. government to market Series E bonds as "war bonds", "war loans", "victory bonds", and by other names meant to appeal to a sense of patriotism.
- Size: 8x14
- Construction: 24 Gage Steel with rusted and distressed rounded, riveted corners.
- Ready to Hang
- Made in the USA
; "Fight or Buy, 14x8, Vintaged")