Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-10-08
LIBERTY LOAN CAMPAIGN
is NOW IN FULL SWING
Every Man, Women and Child In City
Is Expected to DO His
or Her Part.
NEEDS GENERAL COOPERATION
Government Offers ilt-Edged Invest
ment Which People of Moderate
Means May Purchase Through
Banks on Installment Plan.

Directors OF all Richmond financial
institutions which have not already
subscribed TO the second issue of the
Liberty loan bonds Will meet this week
to act upon the matter. Calls for the
special meetings have just been issued.
Every bank and trust company in the
city Is pledged TO support the bond
sale to the limit OF its resources. and
members of the executive committee in
charge of the local campaign yester-
day expected heavy subscriptions from
these institutions.
Speakers at several churches yester-
day impressed upon the various con-
gregations the seriousness of the war
situation and the absolute need for
undivided support Of the government
In the prosecution of the war with
Germany. In purchasing Liberty loan
bonds. they declared, the war will be
materially shortened and there will be
a corresponding saving in the lives Of
American fighting men
BONDS GILT-EDGE INVESTMENT.
NOT CHARITY CONTRIBUTION
Particular stress was laid on the
point that in subscribing TO the bonds
no one was making a charity contri-
button. The bonds are a Gi!t-edge in
Yestment-the safest in the world. the
bankers declare-paying per cent in
terest and backed by the limitlcss re-
sources OF the United States. The
issue is merely to borrow from the
people OF the country part of their
earnings for short period, on which
4 fair rate OF interest will be paid.
In addition, the banks OF the city have
completed plans by which every en-
ployed adult may purchase the bonds
on the weekly payment basis. Besides
operating as n patriotic movement. 1t
also acts as a national thrift campaign.
In the first week of the local cam
paign Richmond raised rs per cent
of it's apportionmcnt in the first quar-
ter of the movement. The campaign
will be actively started this week. and
pushed for the rema inins days. Several
hundred statesmen, loaned TO the ex-
ecutive committee by patriotic bust
ness men, will make n thorough cam
vass Of the city in an effort TO reach
every individual who is able to buy a
bond.
hoy SCOUTS TO AID
IN DISTRIBUTING FOLDERS
Boy Scouts will also distribute fold
ers in every home in the city and will
render valuable services throughout the
campaign. 1t is expected that they
will also obtain many subscriptions to
the bonds. the National Council having
offered a special medal to every Scout
securing five or more subscriptions to
the loan.
fIanS are also DciUS COUuplcicu ioI
two mass-meetings in Richmond. one
OF which will probably be held this
week in the City Auditorium. On this
occasion there will be speaker Of
national prominence to discuss the pro-
gress Of the war. and the situation in
detail as II stands to-day. The big
drive for subscriptions will be start
ed this week, and it is expected to reap
results.
The executive committee will take
up with every firm and corporation the
question of investing in the bonds, and
many large subscriptions are expected
from this activity. Bankers declared
last night that TO complete Richmond s
allotment of 100000. in order that
its reputation financial center may
be maintained In addition to assisting
the government, the cooperation OF
every man. woman and child in the city
would be needed.
An urgent request was made by the
committee that everyone planning to
place subscription. whether II be
large or small go Immediately to the
banks in order that as much of the
congestion as possible may be relieved
There is no advantage, members OF the
committee said, in delaying entering
the subscriptions, and such action will
create congestion and confusion during
the last days OF the movement