Putnam patriot., 1917-06-15
PrTNAM'S LIBERTY
LOAN S525,OOO
putnam Districts Quota Over Subscribed
100000. Bonds Are Widely
Distributed
Lam throughout Country Reported a
Success

$1,000, 100000 Liberty Loan closed at
noon today Putnam's share in the
country's first loan success was beyond
ali expectations. The grand total in
Putnam district, comprising the towns
of Putnam, Thompson Woodstock
and Pomfret, was in round numbers
ss25 GOO or 100000 more than the
ouota allotted. While it has been i'm
possible to get the number of SUBJ
scribers in the district lit is reported
that the bonds are widely distributed.
Many subscriptions were for the fifty
and one hundred dollar bonds. En-
ployes in the mills responded nobly
and thousands of dollare were pledged
by the factory workers.
1t was grand and glorious victory
and denotes that the people have con-
fdenee in and are behind the govern
ment. It's effect on the other side,
where the great armies are engaged in
bloody battle, will be tremendous.
Both those with whom we have cast
our lot and the mutual eremy will be
forcefully impressed with what the
people of the United States have done
in responding to the governments call
for money. But the effect will be vast
~ different. While our allies will re-
jolee at this evidence that this country
means business there will be a cores
ponding depression on the part of
Germany where the people have been
told that the Liberty Loan was for
lorn failure.
The way Putnam raised its quota
was by hard, conscientious work. A
meeting was held of a committee APP
pointed by G. Harold cGilpatric, who,
as cashier of the First National Bank,
was made chairman by the Federal
Reserve Bank of Boston. Charles M.
hamburger of Boston, who had charge
Of This section, addressed the meeting
and brought forcefully home TO the
committee that in order for Putnam TO
wise its quota something had to be
done and done quickly. The meeting
was held last week Wednesday night
and il Was decided that the only way
TO accomplish the desired end was by
spersenal canvass from house to house.
The city was taken by wards and a
committee was appointed for each
ward. 1t WAS agreed that a report
would be made at meeting the fol-
lowing Tuesday night. These sub
committees Immediately held meet
ings and outlined their plans of cam
paign for themselves. Work was done
Thursday. Friday the city was alive
with canvassers. Slowly at first the
results we're obtained but the publicity
acquired and the earnestness evidenced
when prominent business men drop
ped important matters and became
canvassers convinced the people of the
seriousness of the situation.
Saturday the committees still kept
at it. Prospects were noted and called
upon. If necessary they were called
upon again. Committee members had
been made conversant with the situa-
ton present and perspective and were
ready to meet all arguments and give
all necessary information. Fifty dol
lars here, hundred there and many
more hundreds and fifties and even
larger amounts swelled the grand total.
The situation became brighter and
brighter and the committee became
eofrespondingly more optimistic and
when Tuesday afternoon it was rumor-
'edthat Putnam's quota had not only
been subscribed but over subscribed 1t
was hard to wait for the evening hour
10 have this encouraging rumor veri.
fed.
Mr.. Ham berger again met members
OF the eommitte. The chairman an
bounced subscriptions OF 1926 ,450. Just
then John g. Johnson entered the
room end announced that Hammond
hnowlton Company would take at
least e 900 which sweiled the amount
70 1852, 400. Others reported more
subscriptions and the rest OF the even
ang was jollification meeting.
MI. Hamburger was jubilant. he
eomplimented Putnam, the committee
a"a especially the chairman. He said
'lat The result denoted the hard work
Hohe and stated that he felt that no
member of the committee would ever
'eei sor7y for the sacrifice made and
'Ae haFd work put in that the desire OF
sue government might be realized.
Af Gilpatrie assured the committee
O. his appreciation for their services
ana expressed the opinion that Put
nam would pass the $3.50, 900 mark and
perhaps crowd the 100000 mark. Ho "
well his forecast has been borne TOUT is
now evidenced in the large amount Of
oonds subscribed for in Putnam dis,
tFiet.
lae people of Putnam, Thompson
"ooastoek and Pomirei, comprising
@ aInam district, have cause TO fee
proud Of their achievement.
ne ladies' are deserving of credit for
-ea' willingness and desire to help
es eanvassed from house to house
oiu the men. They brought in
thousands of dollars from the womer