Arizona republican., 1917-06-15
| | ILnAN CAMPAIGN ON
HU|NESTRETCKN WITH
SUCCESS ASSURED
Republican A. p. Leased Wirel

WASHINGTON, June 1.-THE Lib
erty loan campaign entered the home
stretch today with every Indication
that the tremendous thirtieth day drive
throughout the nation would result in
going well beyond the $1,000, 900, 900
goal.
From coast to coast the story that
poured into the treasury all day was
the same. a story of a Whirlwind fin
ish. kilograms told of tolling bells and
shrieking whistles across the conti-
nent, marking the last day of the cam
paign; of redoubled efforts by the
many agencies at work for the loans
success, of enthusiasm at its highest
pitch, a long waiting line cf subscrib-
ers in thousands of banks in every
state of the union.
Before noon tomorrow officials hope
every man in the country who can sub
scribe will have done so. At the clos
ing hour tonight there was no telling
where the total might lead and no
basis for forecasting the final figures
1t seemed certain however, that at
least 2,500.000 persons will have sub
scribed before the books are closed.
New York, Philadelphia, Boston.
Cleveland. Chicago, St Louis and Kan
sas City are the districts from which
tions.
Late campaign figures, made public
today by Secretary McAdoo at the
close of business last night, showed an
apparent shortage of sl57 900, 900. The
total reported was Sl,S43. 900 900. These
reports were received after noon at the
treasury They showed an increase OF
nearly $20O,00O.000 in subscriptions
over the previous days report
The loan. according to reports re-
ceived by treasury officials is in every
sense a popular one. By far the great
est issues which the bureau of engrav-
ing and printing will be called upon to
turn out will be of the $50 and 500
bonds. For them there has been an
extremely heavy demand in every in
dividual section of the country and in
many rural communities The city OF
Washington official IS estimate, win
marshall 10000 individual subscrip-
tions, most of them for the $50 and
500 bonds. Employees of the treasury
department alone subscribing to the
$50 and 800 bonds have taken approx
imately $450,0
Many thousands of banks and trust
companies are yet to be heard from.
This item, it is thought, will swell the
total by many millions. AS a rule the
banks nave been inclined to hold back
their SUBSCRIPTIONS until the last min
ute, or report only portion of them.
The amount subscribed up to today,
s1,S43. 900 rep.esents actual sub
scriptions in the federal reserve banks,
accompanied by the required two per
cent of the amount of subscriptions
Officials believe that the reserve banks
Will De deluged tomorrow by flood of
last minute SubScriDtiOns
There is yet time, however, for the
man or woman who wants a small
bond to get it, officials said for the
small investor is % be favored above
all others and every application for a
small bond is to be granted In the
case of over subscriptions this would
result in pairing down the larger sub
scriptions on proportionate basis, as
announced by Secretary McAdoo.
Throughout the country the banks
are keeping open till late tonight to ac-
commOdate the last minute investor.
The treasury department has granted
banks permission, in extreme cases, II
telegraph the amount of their subscrip-
tions to their reserve banks. telegraph
ing the two per cent of the total at the
same time, but all subscriptions to he
counted, must reach reserve banks not
later than noon.
The exact total of all subscriptions
from every source may not be known
for some time after the closing of the
books because of the tremendous
amount of clerical work involved in
assembling returns and making tabu-
, Ia