Democratic (socialist/fascist) President Wilson (having received an unlawful advantage of 50 ineligible Electoral votes)—without a constitutional amendment—signs the Victory Loan Act, authorizing the department of the treasury to sell 4,500,000,000 Dollars worth of bonds paying 4.75 percent annual interest, to consolidate outstanding debt from the Great War (World War I).

       [added 6/19/2022]