The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-10-18
REQUIRE HARDER
WORK IN CLOSING
CAMP PAIGN DAYS:
SNOW INTERFERES
Hanna Sees Need For
Greater Activity Next
Week
STATE PENSION
BOARD SUBSCRIBES
Treasurer Steen Invests
100000 For Teachers
Fund

Today's storm. general over the
state, will serve to delay the work
Of selling Liberty bonds in the rural
districts Of North Dakota, and will
make it necessary to speed up the
work faster than ever, according to
State Chairman L. B. Hanna, of the
Liberty Loan committee.
Continuing to receive reports Of
an optimistic nature, the chairman
feels hopeful that North Dakota will
attain its goal, thought the present
weather conditions will interfere
seriously with the prosecution Of the
sale.
1T will require hard work to make
our quota, and with the present
weather conditions, there is need for
speeding up everywhere. Just as
soon as the weather clears, the
workers will have to get into their
territory and make a hard drive to
attain our goal", said Chairman
Hanna this afternoon.
North Dakota's subscriptions were
increased by 100000 Wednesday
evening, when State Treasurer John
Steen presented to Treasurer B. 9.
Marks Of the Bismarck Liberty Loan
committee applications for bonds OF
that amount from the teachers re-
tirement and insurance fund, Of
which he is treasurer.
The amount in this fund is now
$118,00O. In correspondence with the
state treasurer, the trustees Of tha
fund agreed to the investment of all
except $4,000 of this amount in
wncle Sans Liberty bonds. The
funds have been on deposit with the
state treasurer and in the hands Of
various banks in the state. The in
come from the boards investment in
Liberty bonds will be as great as
could be obtained from any other
source, with a maximum OF safety.
The teachers retirement and insur-
ance fund trustees who have thus
set and excellent and patriotic
example, consists Of J. A. Haig,
Devils Lake, president; Clara M.
Struble, Grand Forks; p. s. Berg,
Dickinson, secretary; John Steen,
treasurer, and N. c. Macdonald.
The investment will be credited to
the states quota at large and to no
particular city, county or district. 1t
is the largest single application yet
received from any source In this
state during the present bond cam
paign. The fund from which the
investment is made is derived from
general taxation under tile teachers
pension act whose constitutionality
recently was upheld by the supreme
court.
Mr.. Steen made the subscription at
Bismarck Wednesday evening, and
the pension board is the first state
body to invest its funds in the gov
ernment's securities.
Western District Good.
w. s. Davidson, chairman Of the
district, that includes Williams,
Mountrail and Mckenzie counties,
advised Mr.. Hanna this morning that
the bond selling campaign was pro-
ccediy satisfactorily in that district,
ard that he was hopeful of seeing
the district subscribe 'its quota and
more. The district quota is $780,
900.
Will Not Psnalizs Banks.
]. r. Waters, state bank examiner,
in letter to The Forum, calls at
tention to a statement published
several days ago to the effect that
the state banking board had adopted
the same course of action as taken in
Minnesota and many other states
that of withdrawing state
deposits from banks that refuse to
subscribe for Liberty bonds. The
story that Mr.. Waters had decided
on this step evidently arose from a
OF the departments
attitude. Mr.. Waters letter follows:
"In your issue of Oct. is, notice
an article on the front page which
states that / have issued a ruling
that I would penalize any state
banks who do not subscribe to the
Liberty Loan.
This statement lis wrong as have
never issued any such statement,
and in fact never had any such ideas
and / knew no more about 1t than
anyone else until / read the article
in your paper.
while / am strong for the Liberty
Loan and am using every effort to
get as large a subscription as possi-
Bile to this loan, / have not gone to
the extent of trying to penalize any
one who did not subscribe.
Feeling that this report has come
to you in an erroneous manner, /
trust you will give this the same
publicity that you did the other
statement"
Mr.. Waters has issued a letter
directed to all state banks, urging
them to give their support to the
bond issue.
stutsnan Reports Incomplete.
Reports OF the campaign in Stuts-
man county are not yet complete.
The county committee had a gem
eral canvass over the county, but
returns are scattered as yet. The
reports so far received are good.
Women at University Aid.
Women Of the University Of North