The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-05-24
Add 100000 to Their Sub
scriptions at Meeting
Wednesday Afternoon
CASS COUNTY TO
HANDLE $3.50, 900
Already $35O,OOO Has Been
Subscribed Sound Finan-
cial Plan Bankers Hold

Fargo banks, determined that
North Dakota shall maintain its
end of the Liberty loan bonds
selling plan, have increased their
subscriptions 100000, such ac-
tion being taken at a meeting of
the Fargo Clearing House asso-
citation at 8 80 o clock Wednesday
afternoon.
The total bond sales In Cass
county, as result Of the action
of the Fargo bankers, are now
placed at $350,000, with $450,O00
as the new goal of the Liberty
loan committee.
Fargo, the states metropolis,
its strongest financial center,
comes to the front in a most re-
markable manner in floating the
Liberty loan bonds, to the end
that this state may maintain, with
other states of the union, its share
of the great financial drive
launched by the government as a
means of prosecuting the war.
Fargo bankers, attending Wednes-
day afternoons conference, were unan-
imous in favor of the plan of sub
scribing an additional 100000 of the
fund. 1t is just double the previous
subscriptions they had made.
Call on County Bankers Next
In line with the state committees
action in appropriating $450,000 to
Cass as this county's share of the war
loan, the county committee will make
another call on the bankers of the
county outside of Fargo, asking that
they increase their subscriptions pro-
portionately.
On the basis now maintained, each
bank in Fargo takes bonds equal to
twenty per cent of the combined capi-
tai and surplus of the institution.
Sound Financial Plan.
I "The governments plan Of financing
the war, by the sale of Liberty Loan
bond issue, is absolutely sound, and
one that win mean greater financial
and business strength for the nation.
All of the money that is being loaned
fOathe government, will be spent }lere-s
None OF it goes abroad. AS a result,
the governments tremendous buying
power viii have the effect of greatly
enhancing business activities" said a
prominent Fargo banker this morning,
discussing the loan. -
Fargo banks have undertaNeH ito
handle an increased portion of the
bonds because of the confident belief
that it is for the best interests of the
country, as well as of the state and
city.
Nothing is so important as to
subscribe the Liberty loan bond. .
have convinced. Germany, by enact
ment of the conscription act, that the
United States means business. We
can further convince the enemy THAI
we mean to finance the fight to tn,
end, by properly supporting the bond
issue It will be an influence of
tremendous import as bearing upon
the world conflict"
Not Giving Anything.
"The man who subscribeS to Llber-
ty loan bond isn't giving anything to-
the government. He is simply making
a loan. He gets a government bond
in return, and certainly nothing is
more substantial, more secure. A gov
ernment bond is good as gold. We are
confident that when the whole people
realize the real Importance of the loan
movement, their response will be more
than ready.
Adopt Easy Plans.
Fargo banks have adopted a method
which makes it possible for all to
subscribe to Liberty loan bonds. The
instalIment system Of paying for the
bonds is the scheme maintained, and
the dollar down, dollar week" sys-
tenn, is winning lots of recruits.