Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-10-13
s7,5OO,0OO SUBSCRIBED
BY CITY TO LIBERTY LOAN
Large Number Of Bonds Bought by
Local Financial Institu-
tions and Firms.
TWO ARE FOR 100000 EACH
While Prospects for Oyersubscrfbing
Are Bright, All Business Houses
and Persons Must Do Part to
Make Second Drive Successful.

Optimism was expressed yesterday in
regard TO Richmond's second drive for
the Liberty loan, the fund here having
gone beyond $4,000 The Bank of
Commerce and Trusts and tho Rich
mond Trust and Savings Company sub
scrihed 100000 each TO the new issue
of Liberty bonds, the Church Hill Bank
subscribed $4,000. and the following
concerns subscribed $4,000 each: ]. B.
Mosby & Co., Saunders Bros. & Co., and
II. w. Rountree. Aside from these
large subscriptions, the banks in the
city reported various other subscrip-
tions ranging from $1,000 and up
These subscriptions. coming in one
day. gave the committee new lease
OF life. and everything now points to
a moro successful campaign in this
city than in any other city in the Fifth
Federal Reserve District. The exact
amount subscribed by the banks. bust
ness concerns and individuals is
sT.575,o0o.
However encouraging these facts
may be. tho fact must not be over
looked that these subscriptions came
from some OF the largest financial in
stitutions in the city, and since all
the largest banks ,ave already made
their subscriptions. with the exception
of ono, and since the larger concerns
have made their subscriptions to the
bond issue, the burden OF raising the
other half of the amount allotted to
the city rests on the mass OF the peo-
pie. And 1t liz for that reason that
the committee is eXcrtinE itself so that
all the people may become Interested
in the bond issue and come forward
and contribute TO tho Federal Golfers
in sums commensurate with their
means.
S.,OoD,0O0 NOW REMAINS
10 DE RAISED HERE
There are SOME, the committee re-
ports. who feel that since the larger
institutions have made subscriptions.
the individuals can retire and refuse
TO take interest In, the campaign. But
the people are now called upon TO DO
their part. There is yet $1,000, 900 to
be raised. and that amount must come
from the people, the workingman and
woman. the smaller business concerns
and enterprises. and unless there is a
ready response then, regardless of the
TACT that half has been raised the
other half will fal! short, and the coun-
Try must eventually suffer because the
people have failed TO do their part.
kcaii"ihg the enormous burden upon
Them III attempting To interest the p.o-
PIE and convince them that il :s alb
solutcly necessary that they subscribe
to the bonds, the committee has ar
ranged for addresses at the schools.
the churches, the theaters. mass
meeting and parade, and has utilized
other methods TO stimulate interest
among III" people
Yesterday the state and city Of
hciais were aroused by address..s ty
Congressman Montague and John NJ
Miller .Er.. president OF the First Ma
tional Bank. Both OF these men hit
tho mark when they said that all the
people must como across. there is no
middle ground, and unless the peop,e
come across. Germany will win the
war.
Practically every officer OF the State
goyernmnnt. heads OF the various de.
partments and their employees met in
tho hall Of the House Of Delegates to
tcontinaed on sscond Paga.S