Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1917-10-12
PEOPLE BACK The
COUNTRY STRONG
First Week Shows That the
Spirit of the Times Although
Dollar Total is Far
From Goal
The first week of the campaign of

The first week of the campaign of
the Second Liberty Loan of 1917.
while not showing so much result in
actual purchase of the governments
bonds, nevertheless has proved that
the American people are determined
to back up their government in its
financial war program
For many reasons individuals and
corporations have not been quick to
purchase the second issue of war
bonds, but it is safe to say that they
are making arrangements to do so, and
that by the end of another week,
greater results will be accomplished
In dollars and cents.
Business institutions have had to
adjust themselves to new legislation
and undergo changes incident to pass
age of new income and excess profits
laws Some knotty questions have had
to be untangled. But Cleveland bank
ers assure the Liberty Loan Commit
tee that there is no doubt that the
largest business houses Of Ohio will
be heavy purchasers of the Liberty
4 per cent bonds. This may not begin
to show in the results until the third
week of the campaign.
Individuals likewise have had to
make commitments in new ways for
the past six months and many did not
expect to invest in more Liberty
Bonds quite so soon after the first is
sue was put out.
Hc,v to Realize War.
1t has naturally taken many people
Of the United States a considerable
length of time to come to full realiza-
ton that we are engaged in war on
such a large scale. The transition
from a high state of civilization, in
which nearly everyone looked forward
to realization of peace aims, to a
e5ate Of actual war was so radical as
to change the course Of lives in many
ways. Plans of individuals and cor
| porations have had to be altered. We
have had to settle down to a state of
firm determination to win q war on a
great principle. 1t may take some
| people little longer to reach a point
where they fully understand, fully ap
preciate just what all this means, bItt
sufficient number of red-blooded Amer
leans now do understand it to insure
success of this issue Of war bonds, OF
the sale of as many more as neces
sary.
It is indeed a compliment to the
United States Government, as we'll as
the present national administration
that an army Of 5000 workers in the
fourth federal reserve district alone
are giving all theiis sime and energy tc
make this loan a success 1t is large
ly volunteer army. 1t is on thu
March to a sale goal of $400, 100000
and expects to have 100000 subscrib
ers by Oct. 27.
Leaders Confident.
Although reports are not satisfying
to those who do not understand tn,
circumstances, those in charge of tn,
campaign are not disturbed. Within
a few days, bonds will be ready 70
distribution, and this will be the Gu
for purchasing on a larger scale
Many investors prefer to have deliy
cry of their purchase when payment
made.
. ".
Reserve Board, announced today tha
interim bonds good for two years wi
be on hand soon, probably by Oct. II
This will be replaced with bonds c
the regular issue and will have fou
coupons. Interest payments are to b
made semi-annually on this temporar
certificate.
, The issuance of the interim bonds
designed to prevent dissatisfactio
such as resulted in some quarter
from the delay in the delivery of tn
. bonds of the First Liberty Loan.
was pointed out by officials of the Fet
eral Reserve Bank that in the actus
production of bonds of the First Lii
erty Loan, the government faced
tremendous task. In the Clevelan
district alone, there were about 45C
900 subscribers, calling for 935,0C
separate bonds.
When it is considered that the loa
was offered shortly after congres
l acted upon it, that the bonds had to /
carefully engraved and that the sea
7 city Of labor and material affects tn
government bureau of printing and el
/ craving Just as 1t does private ente
: prises, 1t will be seen that to print til
great quantity Of bonds required WE
r q Herculeen task.