St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1917-05-30
FAIRBANKS LEAD
WITH new PLAN
Employees Enabled To Buy
Liberty Bonds At
Easy Rate

In order TO enable their employees
! to purchase the Liberty Loan bonds,
| the e. and T. Fairbanks and Company
! through the efforts of f~the president
| Frank III. Brooks, have formed plan
whereby all of the factory workers
may become stockholders in the
! corporation of the United States of
| America. The plan, simply, is that all
/ those who desire to buy a bond sig
nifty their desire to do SO through an
application. From that time on one
! dollar q week is withheld from their
/ pay envelope, until the full price of
/ the bond has accumulated. They are
then handed the bond.
This system of payment is so easy
! that scarcely a person will not be able
! to subscribe. The employees of the
company were addressed, Saturday
morning, by A. r. Spring and Jane
=. Eccles of Boston. and Frank II.
Brooks, who explained fully all de-
! tails of the bond issue and methods Of
payment. The men seemed highly in
! tereSted and a large response to the
governments appeal for Il loan from
! her people is anticipated. Following
is the text of a letter from Frank Fl.
Brooks, to the employees of the COM
pany, explaining the easy payment
plan:
I'VE believe it to be the patriotic
| duty of every citizen CT the United
States to assist in the prosecution Of
the war by subscribing to the Liberty
Loan to the extent of his or her abili-
ty.
"These Bonds are issued by the
United States Government in denom-
nations of $50, $100, $500 and $1,000.
They will be dated June Is, 1917, and
draw interest at 8 1a per cent. 5
"They are free from Federal, State
or local taxes and are also the safest
investment anyone can make at this
time.
"The Governments terms of pay
meflt for these bonds are as folloWs.
on the basis of each $50 bond.
First payment, 2 per cent on ap-
plication, $1.00; second payment, Is
per cent on June 20, 1917, $500; third
payment, 20 per cent on July 80,
4 1917, $1,000; fourth. payment. 30 per
cent on August IS, 1877, 5 f5.dU; firth
! and final payment, 80 per cent on
August so. 1917. $500.
Important Please note the fol-
lowing -
ANY of our employees who may be
unable to comply with the Govern
ment's terms Of purchase and who
may wish to buy one or more of these
bonds and pay for them in install
ments out of their weekly earnings
may procure them from us in the fol
lowing manner
I'VE will buy frcm the Government
agents for you one or more bonds II
denominations of $50 or $100 and al
low YOU to pay us for the same at the
rate of 81 per week for each $50 bono
or 50 per week for each 500 bond
until the full amount shall have bee.
: paid; these amounts to be deducted
from your weekly pay roll and cred
t tied to your Bond Account on ou
2 books When the final payment shall
| have been made the bond will be de
livered to you.
! Under this plan this Company will
2 lose part of the interest for the frs
year but that is a portion of our con
tribution to the cause in which W
7 would like to see our employees par
ticipate This offer is good only un
, til June IS, 1917.
n Mr. J. c.. Clark will have charg
4 of this matter for this Company. Al
applications should be referred t
him.
I'VE wish to emphasize the value O
+ the bonds from the investment stand
n point as follows
+ Their absolute safety.
Their cash value in the market 4
any time.
I'VE also urge all who can, to pun
y chase the bonds on the easy term
z suggested, for the following good an
~ sufficient reasons
" THE Country and its Army an
X Navy need the support of every ma
~ or woman in some way. This near
n you.
M This is one way for you, who car
W not go to the front, to help properl
(N clothe, feed, and arm those who dt
w fend our rights, and to keep our Arm
W in health, strength and from disease
x THE saving of s1.O0 week wi
)U not only cultivate thrift. 1t will pi
IN up a fund against a rainy" day.
W anyone has $50 hid away in his stocl
W ing, to guard against sickness, he ca
III safely put it into $50 bond. have
NJ cash any time when he needs to.
W DO not let your patriotism be de
W troyed by the extra half of one p'
N cent you can get from Savings Inst
W tutions or other Institutions. This
w a great crisis in our Country's hlStor
W If the huge Liberty Loan is not heaV
~ ly oversubscribed by the people.
w may mean that much that is now sa
W and secure will be brought DANCE
Wy ously near disaster.
W Purchase q $50 bond if possibl
M Sacrifice to do so.
w Remember the st. Johnsbury 81
W gan, If You do not come across Il
M Foreign Foe will.
w "'Do your Bit
TX E. and T. Fairbanks and Company
~ BY Frank H. Brooks, President
M Mrs. e. G. Hatch of Belvidere sire