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May 04, 2021


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Back when the students chose the Queen I bet.

18.75....interesting choice of amount, Not 15 or 20 dollars....

Remember to adjust for inflation. $18.75 in 1942 would be about $305.00 in 2021 dollars. Lana Turner was in Portland as a guest of the Rose Festival & she and other entertainers were her for the Oregon War Bond Drive. On Thursday 6/11/42 she was to kiss the purchaser of the largest War Bond at the Victory Center which was located on the backside of Pioneer Courthouse on SW 6th.

$18.75 was the cost of an immature $25 US Savings Bond. The bond was worth the $25 face value at maturity.

I remember back in grade school when we'd have Stamp Day once a week. We'd get a dime each Stamp Day and would use it to buy a stamp which we'd then stick in a stamp album. I bought stamps for years and never filled the album which could be exchanged for a $25 bond.

Remember, this was back in the days not too long after WWII when "Made in Japan" still meant junk and calling people Japs or Gerrys was considered okay. So buying that 10¢ stamp was an act of patriotism. You know, the thrilling days of yesteryear that Trump wanted to return to to Make America Great Again.

Jann........$18.75 bought a $25.00 war bond at maturity
at that time.

Ok, wasnt thinking of savings bonds, Ive had many..I just thought odd mount. Oops

21 year old Frederick Freed 1941 graduate of Princeton University and son of Portland attorney Edgar Freed paid $5,000 for his war bond kiss, and in fact he got a second kiss for joining the Naval Reserve. J. E. Doeneka who was representing the Standard Oil credit union also got a kiss for a $5,000 bond , and Army private Frank Plouf got his kiss for free. All the kissing took place in front of 30,000 people at the Victory Center.

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