The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1917-06-02
LIBERTY BOND COMMITTEE.
THE BANKS OF CITY FORM AS.
ISOLATION TO PROMOTE SALE
OF BONDS.
committees Named for Each Town.
ship In the County to Facilitate the
Purchase OF Liberty Bonds by The
People of Sumter County.

Sumter have formed an association TO
facilitate the purchase of Liberty
bonds by the people Of Sumter. county.
| Our nation is at war. The war can
only be won if we furnish our allies
with money, foodstuffs and other sup
plies. Money is essential.
Every one should do his bit. II is
call for patriotic services of various
kinds. Patriotic services entail fire.
quently personal sacrifice.
In the matter of the purchase of
Liberty bonds the committee appoint
ed by the banks recommends that
every man. woman and child in sum-
ter county purchase one or more
Liberty bonds. These bonds are is
sued in denominations of $50. 800
and upwards. They bear 3 1-2 per
cent. interest. In purchasing a. bond
you are only lending the government
money at 1-2 per cent. with the dis
tinct agreement that If the rate is
hereafter increased on Liberty bonds
you will be allowed to exchange the
bond purchased for one bearing a
higher rate of interest. Bonds are
apt to increase in value. They are
now being sold at par.
The banks are handling transac-
tions incident to the purchase of
bonds without any profit to themselves
and without any expense whatever to
the purchasers Two per cent of the
amount subscribed is payable now
and the balance in easy installments
, the whole amount to be paid in by
, Aug. 80. The banks Of Sumter have
, arranged to lend on these bonds as
collateral to all such persons as can.
not complete payment by the time
, the government calls for final pay
ment. The rate will be six per cent
, Everybody can afford to make some
, slight sacrifice for the government
Bonds in the hands of individuals are
absolutely nOn-taXable for any pur-
pose whatsoever. Subscriptions may
, be made through any bank or banking
institution in Sumter, and will be
promptly handed over to the central
committee, which will look after all
details. The undersigned constitutes
subcommittee for the purpose of
bringing this matter to your attention
and for the further purpose of asking
, your cooperation in the matter. A
, committee has been appointed in
every township in Sumter county, and
q copy of this letter is being mailed
!. to each member of the various COM
mittees.
These township committees are
asked. as patriotic duty, to canvass
every township, asking every person
: to subscribe TO and purchase one or
more Liberty bonds. We do not
, think it would be patriotic for any
, one to subscribe beyond his individual
means. nor do we think it would be
wise for any one to undertake the
purchase Of bonds and the burden of
debt In order to purchase Lib
erty bonds unless the debt can be
liquidated without interfering with
the regular business Of the subscrib-
er. but we do believe every person in
the county, by making some little
sacrifice or by practicing some econ
omy. giving up some proposed expen-
diture, planting a little extra crop,
selling truck, or in some way, can
add to the general welfare of the ma
ton, and can in that way easily pur.
chase the Liberty bonds referred to-
Now wont you meet with the other
members Of the committee Of your
township, arrange for a canvass, each
member of the committee to take GER
tain territory. see the people, explain
the situation to them, and urge them
to try and purchase the bonds to be
paid for out Of some extra earnings
or some savings as the result Of
economy.
Let us know the names Of all per-
sOns who desire to subscribe, the
amount subscribed, and we will AT
once make the necessary arrange
ments. All this information ought to
be in hand before June 9Th. The
president has set apart June 5th for
two purposes: First for registration
under the selective conscription act,
and secondly, for subscriptions to the
Liberty bond issue.
The township committees are as
| follows:
Shiloh-E. II. Minis, chairman; w.
w. Green, j. Is McElveen, Isadore