St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1898-08-20
THE WAR LOAN


TIKI WAR LOAN.
One 81 Assisting Success sad ssrpsise
sone Istersssias Figarss.
A dispatch from Washington says the
subscriptions to the new 3 per cent wal
loan Of 5000, 900. 600, including the ohers
made by syndicates. will amount tc
81, 200, O0O. 900, or six times the amount
of the issue. The subscriptions repre-
sented by checks or other forms Of pay.
ment. it is estimated, will aggregate
about e750. 600, 900, or three and three
quarters times the amount IT the issue.
It is thought at the treasury depart
ment that no individual subscribers rs
high as $4,000 will receive an allot.
ment of bonds s8 81
During the month the department
has received about go, 900 subscriptions,
and nearly the last one opened was
from New York bank for 500, 0O0. 900,
enclosing a check of ss,0OO,OoO.
1t was Secretary Cages intention to
make the payments on account of the
bonds as easy to the people as possible.
and all forms Of payments were to be
received. These included cash. checks.
bank drafts, postoficc money orders.
express money orders, certificates of
deposits, and during the last day or
two the department has received money
by telegraph.
During the entire month there has
been an average of $1,000 subscriptions
received daily, and some days the num-
Der has exceeded 10000. To handle this
enormous mail, and to schedule the
Subscriptions, force Of over 800 clerks
has been constantly employed. 1t
probably will be several days before it
is known the size of the largest sub
scriptions which can be accepted.
vandsrlIp's Analysis.
Assistant Secretary VANDERBILT an
uounced that the books had been
closed upon the most successful
loan ever foated by the government
The assistant secretary said:
1T is. of course, impossible to give
1T this hour the exact line at which
allotments will be announced. My esti-
mate, however, is that it will be around
e5,0Oo-that is to say, that all applica-
tons for smaller amount than that
figure will be allotted in full, while all
applications for larger amounts will re-
ceive nothing. At this hour there has
actually been listed $4,000, 900 of the
$500 and smaller subscriptions, and the
amount on the tables will carry that
probably just above e90. 1000, 600. The
amount scheduled and totalled in t:~
subscriptions larger than $500 is at this
hour $500, 610 $40, and ! estimate It will
reach S7s5, DOC, 900. Thus the total SUBJ
scription, including the $500, 600. 600 OF
syndicate bids, will reach 81 ,3s5, 0OO, O0O
We have held out cases where there
were doubt as to the bona fidc character
of the subscriptions, amounting in the
subscriptions for $500 and under, alone,
to S10,494,7 TAO. The total number of
subscriptions for $500 and under that
has not passed the stampcrs is s3ss, 500,
and that figure will be somewhat
further increased. The total of larger
subscriptions numbered is 65,sO0, and
there are still several thousand of these
larger subscriptions to he listed"
Reduced Rstea ON Packages for Soldiers.
The Southern Express Company will
transport all personal packages for the
soldiers in the field at twenty-five per
cent. less than the usual rates.
All the other principal companies
have concurred in this action, viz: The
Adams Express Company, the Ameri-
can Express Company, the Pacific E;z-
press Company, the United States Ex-
press Company and Wells Fargo &
Express
This concession is not to include any
shipments for speculative purposes, but
only such as are sent to soldiers by
their families or friends in the way of
or such articles as SOL
1iers may themselves purchase for their
personal use.
All such matter must be prepaid to
facilitate delivery. -zs
The Southern Express Company will
extend this same privilege
10 organizations of ladies at the homes
If soldiers, who wish to Join their con-
sributions for any given number of sol |
1iers in a company, such joint contri-
buttons to be sent to any one address,
but must always be in the nature of .
'ree contribution to the soldiers.
Great Britain has about one sheep for 1
ZACH inha bitant. The United States |
has &c, OO0, 600, or about one for each |
,wo Inhabitants. It has been said with |
ome show of authority that the State