Evening capital news. (Boise, Idaho) 1901-1927, 1917-09-28
BANKERS ASKED
TO CONE TO THE.
AID OF COUNTRY

IHdt 0uppoII DC 0lVeA
the Coming Bond Issue
and All Issues to Come.
Failure of One of These Is
sues Would Be More Dis
astrous Than Defeat on
Field of Battle Scathing
Denunciation of Germany.
Atlantic City. N. j., Sept 2s.--Open-
ing the campaign for the second liber-
~ loan of $4,000, 100000, secretary Nc
Adoo today called upon the bankers OF
America to fling back the German
hordes on the battle fields of finance.
The failure of a single issue of gov
eminent bonds" McAdoo told the AM
erican bankers association, would be
worse for America than disaster
upon the field OF battle.
Americas Forthcoming bond issue,
ne said. is pitted against a correspond
ing loan in Germany. quoting Ber-
lin manifesto which boosted OF sue
cessful subscription campaign In the
Teutonic empire. McAdoo declared:
ANSWER THE ENEMY.
Let US meet that challenge by
subscription to our second liberty loan
on the 9th day of October, nine days
after the close of the German loan'
which will make clear to the German
military despotism that America mar
ehals not alone her brave soldiers upon
the field, her invincible navy on the
high seas, her Industries throughout
the length and breadth OF the land,
but as we'll her financial resources and
that she Is determined to use them all
without stint and regardless of sacri-
flee to vindicate American rights, out
ragged too frequently by German In
famies.
Let us answer this challenge by
making clear TO the world that the
American people, with transcendant
love OF justice and of country, stand
solidly behind their great president
and support unequivocally the pur-
poses of this war"
FUTURE BOND ISSUES.
BEFORE June 80, 1918, the United
States will have to raise by additional
bond issues, between 13 and IL bill
lions of dollars" McAdoo said. "Ap-
proximately five billions of this will go
as loans to our allies.
ITO raise 10 to IA billions of dollars
on or before the 30th Of June, 1918, by
The sale Of bonds in recurring INSTALL
ment, seem to some people an i'm
possible task.
1T is a stupendous undertaking, but
1t is not impossible for America. 1t is
not easy, but 1t can be done. Our re-
sources are adequate: our will is per-
tect, our spirit Is indomitable and our
success is certain.
MUST PULL TOGETHER.
I'VE have only to pull together.
bankers, lawyers, doctors, manufacture
srs. farmers, wage earners, laborers.
men and women alike, girl scouts and
boy scouts and every other class of
people-and we can do the job"
The second liberty loan will be more
attractive to the small man, xhan the
first The new bonds VIII Bear four
per cent interest and will be exempt
from all taxes except super Income,
i. excess profits and inheritance levies.
Arc bonus OIL Iuc ihSJ iOdHt On Lpo
ether hand, were exempt from super
tax-giving wealthy men, according to
Secretary McAdoo, AN undue advant-
age" This inequality IL eliminated In
the new loan. he said.
ReassertinS Americas reasons for
entering the world conflict the secre-
tory declared;
'It has been repeatedly stated that
America entered this'war to make lib
erty and democracy secure throughout
the world. While that is true. 1t must
always be remembered that America
entered the war for q more immediate
reason.
PERSISTENT INSULTS.
Noble and idealistic as Is her cham
pionship of universal democracy, she
entered this war primarily because Of
the persistent insults and aggressions
of Germany, the wanton disregard of
American rights within our own Dor
ders as well as upon the high seas,
the contemptuous violation OF tnterna-
tional law and the ruthless destruction
Of American life and property"
Pro- German propaganda in this
country was scathingly denounced by
McAdoo.
1T is well for the American people
to realize" he said, the hypocrisy and
disloyalty of all these efforts and to
determine to stamp them out relent-
lessly and remorselessly. because the
interests Of the nation must at no time
be imperiled more by the traitors with
In our walls than by the enemies with
out"
when residents of Cleveland move
: from one location to another they are
required by law to leave their change