The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1917-10-01
County Bankers VIII Be Called Here
Wednesday TO Unite on Uniform
Basis for Sale Of Big Issue

Grady county win now have an op-
portunity to remove the stigma that
has been placed upon her fair name
by reports OF disloyalty which have
been emanated from anti-draft and l.
w. ". activities since the war with
Germany began said William H. Don
ahue on his return from Kansas City
yesterday. "The country is looking to
Grady to wipe this out with large
subscription to the three billion dollar
Liberty Loan issue.
The oversubscription OF this issue is
desired as much for the moral effect
which such action will have on the
national enemies as for the funds
themselves which are absolutely es.
sential to the successful conduct OF
the great war
Immediate plans embracing activi-
ties in every community in the coun-
1, are now inlaer way and VIII be an
nounced after the first meeting OF the
bankers Of Grady county.
Evolve Selling Plan.
81 expect to call a meeting Of the
county bankers for Wednesday even
ing, probably at the court house" con-
tinued Mr.. Donahue, 'when we will go
into the matter Of perfecting an or
ganization in each community for the
sale Of these bonds and will endeav
or to arrive at a uniform basis for
payments.
Popular Subscription.
Government officials and federal
reserve bank officials are expecting
this issue Of bonds to be subscribed
by individuals and small investors and
are guaranteeing the delivery Of all
bonds Of under 1000 in case of an over
SUBSCRIPTION of the issue
Our Duty to the Boys.
"There is considerable sentiment
over the country as to the duty Of
Americans in subscribing for these
bonds. The country is conscripting
our boys and making them give up all
that they have and it is no more than
right that or any other citizen
should forego the purchase Of suit
OF clothes or a social function in or
der to contribute to 2 cause for which
they are perhaps giving up their lives.
"While | consider these bonds to be
a good. business investment | am go
ing to launch my bondselling cam
paign on the ground Of what the peo-
pie owe to the couItry and to the
boys"
Regarding the non-delivery of the
first Liberty bonds Mr.. Donahue said:
Why Bonds Are Delayed.
There are s.7o0,OOO separate pieces
required to be printed for delivery Of
the past issue When one considers
that every department OF the govern
ment is already overcrowded with
work and that engraving facilities can.
not be increased over night one can
understand what a task the printing
and delivery involves This, coupled
with the fact that many of these first
bonds will be converted into the new
issue without ever reaching the hand
Of the purchaser, caused the govern-
ment to endeavor to deliver them only
where an actual demand for the bond
itself is made. Bankers are being re-
uuested to canvass their subscribers
and see whether they insist on the
sls per cent or will exchange it for
the new 4 per cent bonds.
Exchange old for New.
The new bonds will begin bearing
interest on November IS and will be
ready for delivery by that time as the
first issue is practically completed and
they are printing them with only four
interest coupons attached. This will
facilitate the printing then. in case Of
bn issue ebariug higher rate OF in