Pros and Cons of Savings Bonds

"Do you remember back during World War II when we all were singing Any Bonds Today? and when there were frequent drives urging us to buy Defense Bonds and, later, War Bonds? Then we bought all the bonds we could afford, of course, because we were investing in America's war effort. But the war has been over for thirteen years now and we still are buying bonds at a rate of $4 billion to $6 billion a year, now called U.S. Savings Bonds. The Government endorses them as ranking "with the world's finest investments," but that statement has been questioned in some circles."

Good Reading Rack Service, 1958