Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-09-17
SECOND LIBERTY LOAN
CAMPAIGN EXPECTED
Governor Seay Outlines Proposed
|, Method of Distributing
New Bonds.
COMMITTEES TO REORGANIZE
All Vacancies to BE Filled at Once,
and All Important Industries Will.
re Represented, Reserve Banks to
Have General Charge.

Plans are already being consider ed
for conducting The second Liberty loan
campaign. which will open not later
Federal Reserve District bankers are
making every effort to reorganize tho
committees who conducted the sale of
the first issue. and In many places
which had no committees at that time
! such bodies are now being formed. 1t
is expected that the officers of the
! local committee will meet in the next
few days to discuss plans for the cam
paign in Richmond
In a letter TO all banks. bankers and
trust companies and all Liberty loan
committee Of the Fifth Regional Dis
strict. George j. Seay. governor OF the
Richmond Federal Reserve Bank. calls
attention to the fact that while no
details of the second loan can he an
nounced until the pending bill is passed
by Congress. that the campaign will
| open October l. Greater organization
will be needed to place the second loa n.
| MIR. Seay said and urged immediate
organization OF committees.
FEDERAL RESERVE BANKS
HAVE CHARGE OF CAMPAIGN
! The Federal reserve banks. as fiscal
| agents of the government, will have
! charge of the campaign. as in the plac-
Several conferences have been held
| by those actively in charge Of the last
| campaign" wrote MIR. Seay, "and great
| effort has been made and will be made
| to perfect more complete organiza-
| ton for the handling of the second
| loan. The Secretary of the Treasury
! has requested that all Liberty loan
| organizations be preserved This re-
| quest has been conveyed to you by
this bank. and we are asking now that
| all Liberty loan committees be called
| together ut once and organized Wis or
ously for the coming campaign.
"All vacancies in committees should
| be filled. and effort should be mad, II
| add to committees in any way that
will strengthen them. Representatives
OF all important industries in any place
should be upon the Liberty loan com
| mittee. representatives of the press
officials of the Chamber OF Commerce,
members OF officials Of the councils
| Of defense and representatives of all
industrial and civic bodies, and in
farming communities the farmer
should DO represented.
ALL PRINCIPAL INDUSTRIES
TO HAVE REPRESENTATION
Liberty loan committees should en-
brace representatives of all the prin-
| cipal activities of the place and the
| activities of the committees should be
! carried Oh by ar executive committee.
and By means OF subcommittees we
i are aware that during and following
! the las. campaign, which was under
| taken with rush. there were some
things TO try the patience of those
| who were giving their best services
J and making great sacrifices
That was inevitable in an under
| taking Of such magnitude where so
little time was allowed for orEanlza-
! ton, and the highest tribute is due
| 10 the jealous endeavor and self
! sacrificing spirit of all connected with
;he campaign. without exception, which
| has come TO our knowledge. Such
services and sacrifices were In behalf
| or our beloved country
( To insure equal success OF the next
| loan. great organization will be nee
! essary. In hundreds Of places no
| Liberty loan committees were formed
| although active assistance was rem
dered by individuals. 1t will he es
! sential 10 successful conduct of this
! campaign that there was "A Liberty
loan committee in every banking place
| IN the ruth District. We earnestly
| urge the formation of such commit,
/ tees. and are relying upon the bank
! ers In every place to take the lead in
! this matter as before. and to irnmedi-
aieiy organize proper committees
/ There is not day to be wasted and
| every one must act with dispatch"