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"Washington, DC: The President launches the Government's new 'Bargain Sale' by purchasing $25 certificates of the new issue from Postmaster General Farley whil Secretary of the Treasury Morgenthau looks on." (partial newsreel)
This movie is part of the collection: Universal Newsreels
Production Company: Universal Studios
Audio/Visual: sound, b&w
Creative Commons license: Public Domain
![[3.0 out of 5 stars]](/images/star.png "[3.0 out of 5 stars]")
Reviewer: Christine Hennig - - August 4, 2006
Subject: President Pays in Cash, Treasurer Makes Correct Change
Brief, mildly amusing newsreel story from 1935 in which President Roosevelt buys the first six small denomination government bonds, one for each of his grandchildren, and one for himself. He pays cash for them and we get to see that he carries hundred-dollar bills in his pocket. A mildly silly blip from the 30s.
Ratings: Camp/Humor Value: ***. Weirdness: ***. Historical Interest: ****. Overall Rating: ***.
![[item image]](http://ia311540.us.archive.org/3/items/1935-03-04_FDR_Buys_First_Baby_Bond/1935-03-04_FDR_Buys_First_Baby_Bond.gif?cnt=0 "[item image]")