In April 1934, Dowling pleaded guilty to second-degree grand larceny, and—after making restitution—received a suspended sentence for having stolen $20,000 in Liberty bonds from the estate of two small children.
Secretary of the Treasury William Gibbs McAdoo reacted to the sales problems by creating an aggressive campaign to popularize the bonds.
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Al Jolson, Elsie Janis, Mary Pickford, Douglas Fairbanks and Charlie Chaplin were among the celebrities that made public appearances promoting the idea that purchasing a liberty bond was "the patriotic thing to do" during the era.
The main purpose was to sell Liberty bonds and organize lectures about the war, but the league may have been involved in intimidation of people opposed to the war.
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Served as a Red Cross nurse and YMCA secretary in Romagne, France during World War I; offered classes to African-American soldiers; sold thousands of dollars of Liberty Bonds as a traveling speaker served on the Women's Committee of National Defense.
The story is a series of sketches humorously illustrating various bonds like the bond of friendship and of marriage and, most important, the Liberty Bond, to K.O. the Kaiser which Charlie does literally.