Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-10-21
RICHMOND AIMS
FOR S20.0O0,0O0
IN LIBERTY DRIVE
City's Total Bond Subscrip-
tons Now Placed at
$15,500,000.
FIFTH DISTRICT HAS
REACHED $53,672,OO0
Unofficial Reports Received by
Bankers Indicate Far
Greater Sum.
SOUND CALL FROM PULPITs
Local Ministers VIII To-Day Preach
Sermons Appealing to Peo-
pio to Respond.
SOUND CALL FROM PULP1Ts

pie to Respond.
Subscriptions to the second issue Of
Tho Liberty loan bonds in Richmond
Aggregated approximately $16.5oo.ooo
late yesterday afternoon. 31,4oo.ooo
greater than the maximum amount
allotted TO this city by the Federal
Reserve Bank, and bankers predicted a
total subscription Of not less than
tl8.6oo,0oo. They have sot $40. .oo0
rs their goal in the campaign. which
VIII continue through this week. and
confidently expect to raise that sum.
Reports from all sections Of Virginia
and from the Fifth Federal Reserve
District indicated tho greatest activ-
tty on the part of tho bankers. with
heavy subscriptions being made.
Tabulations OF subscriptions reported
at tho close OF business yesterday to
the reserve institution for the Fifth
District. which were completed lato last
night, totaled 353.672.o0o. These dE-
ures were reported to the Treasury De-
partment. The districts minimum al
lotment Is Sl2o.o00.0o0-4 per cent of
The }6.ooo.ooo.ooo for tho country.
Bankers declared that they had un-
onicial reports OF subscriptions con-
sfderably above tho Official figures.
During the next few days moro
prompt returns are expected by the
Federal bank. Governor George j. Seay
said. ns the campaign draws to a close.
This will be necessary in order that
all committees may be kept accurately
Informed AZ to the progress being made
in tho campaign. Many sections Of the
district arc we'll organized. but in
others activity is not SO great, and
there In somo apathy among tho
farmers.s Tho drive" this week will
he centered on the toilers of the land
20 q large extent, since practically all
corporation subscriptions have already
been entered.
Ministers In the Richmond churches,
cotncident with a general movement
over tho entire country. will sound a
ringing call to tho people to-day to
respond to the cry Of America. The ma
Sional campaign committee has desiE-
mated to-day as Liberty Loan Day in
tho churches OF tho United States. and
pastors have been requested to mako
It the subject of their sermons.
In reply to letters from the Rich
mond central committee, practically
every minister In this city has agreed
60 speak this morning on the Liberty
loan The second Issue Of the bonds
must be f1oated promptly. In order to
provide the government with funds to
carry out Its war program. Every
minutes delay In subscribing to tho
bonds means an extension OF the war
and the loss Of thousands OF lives.
Those who cannot shoulder a rifle arc
expected to shoulder fully as great a
responsibility in protecting the nsht-
10 ~.
Bile way.
STATE HAS SUBSCRIBED
ONE-HALF ALLOTMENT
After tho sermons In tho churches
this morning. increased activity will
be started tomorrow morning by the
local committee to end the campaign
with a whirlwind finish. There must
be no let-up in Richmond, bankers de-
clared, because other sections Of Vir-
Einia are not responding as promptly
as was expected. The honor and tradi-
tion Of the State must be upheld, they
assert, and every available dollar must
be pledged to the government.
Virginia was allotted $4,000, 900 by
tho Federal Reserve Bank, and only
about half that sum has been sub
scribed. and of that total more than
So 100000 has been pledged in Rich
mond. Bankers declare that the
farmers have not responded to the call
of the nation as literally as they had
expected, and activity this week will
be centered on the producers Of food
stuffs. With bumper crops and ban
ner prices this year, bankers believe
the farmers should take a prominent
part in the campaign, and efforts are
now being made to bring this fact to
their attention.
APPEALS TO PATRIOTISM
OF VIRGINIA FARMERS
Richard H. Smith, president Of the
Planters National Bank and chairman
of the State executive committee, has
3ust addressed letters to thousands Of
farmers in Virginia urging them to
answer the crying call Of the United
States and subscribe to the loan. 1.-THE
farmers of the South have always been
leaders In patriotism and love Of coun-
try" said Mr. Smith yesterday after
noon.
we of the South are doubly blessed
this year in having plentiful crops
which can be disposed Of at unpre-
eedented prices" he said. "The active
demand for foodstuffs and other funda-
mental products of the farm at these
high prices is directly due to the Eu-
ropean war, in which our country ia
now involved. The farmers have been
especially favored by the present ad-
ninistration, and constitute one class
which is not called upon to bear the
heavy burdens of taxation which have
been placed upon corporate and indi-
vidual wealth"
Governor Stuart has likewise issued
An appeal to the farmers OF tho State.
which - as follows:
sH.oTha nAopla of the United States