Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-05-14
OPENS CAMPAIGN
FOR LIBERTY LOAN


forward the bond.
HOW "LITTLs FELLOW"
WILL GET BEST OF TT
Just where the little fellow gets
the best OF II is pointed out in a Gig
nificant paragraph Of tho secretary's
statement. He announces that he will
reserve The right to reject any sub
scriptions or TO make allotments Of
any part OF the amount subscribed for.
This principle was followed in the
loan raised by tho government In the
Spanish American War. That bond is-
sue was oversuhscribed. and was raised
entirely by small subscriptions. just as
II is hoped this one Will be.
Larger numbers OF national banks,
private bankers, department stores
throughout tho country have patriotic
ally offered TO receive and transmit.
without expense TO the purchaser. ap-
plcations for the loan. Tho law pro-
hibits the allowance OF commissions on
subscriptions. Hence those who have
volunteered 10 take applications have
done SO purely AS matter of patriot
ism
The dates for payments on INSTALL
ments are AS follows:
Two per centum on application
Eighteen per centum on June os,
1917.
Twenty per centum on July 30. 1915.
Thirty per centum on August l5
Thirty per c-ntum on August 30.
iel7.
II was said at the sccretarys ONCE
day tina, many big firms OF the
country we're subscribing 10 tho loan
and selling the bonds back TO their
employees on the installment basis
Two New York frri and one In Chi.
caSo. t, Was said. had taken as much
as 100000 worth. 10 be sold back on
monthly payments.
VANDERBILT SUGGESTS USE
or SPEAKERS BUREAUS
Frank a vanderlip. president Of the
National City Bank OF New York and
chairman OF publicity OF the New York
Bankers Liberty loan committee. has
sent the following letter to Vance =.
Mccormick. chairman OF the Demo.
cratic National Committee. suggesting
that the speakers bureaus of the two
great political parties Of the last presi.
Dental campaign be revived TO arouse
the nation TO the Importance OF sub
scribing to the Liberty loan:
In connection with the work which
the committee appointed hy the Fed
cral Reserve Bank OF New York IN
doing to help foat the Liberty loan. it
tx believed desirable and indeed neces-
sary TO use every proper means that we
can to arouse interest in the loan
throughout the United States" Mr.
Nandcrlip wrote. I'VE believe IL would
be wise 10 have n considerable number
OF meetings similar 10 political cam
raign meetings. with addresses made
by good speakers. II it would be pos
siblc TO use the party machinery Of
both parties. without any partisa nship.
for this work, II would, IL seems to me.
be very desirable. | believe that the
speakers bureaus might be revived for
this purpose. and the two party Or
CARNATIONS join hands in what would.
! think. be the most effective pub.
LEFTY that could possibly be obtained.
IF YOU agree with us and will CO.
operate with us, we shall be deeply
appreciative."
Mr.. Mccormick responded as follows:
Letter received. Think your sus-
eesiion worthy Of careful consIdera-
ton. Will git iu touch with Chair
man Wilcox and he more than pleased
to cooperate to the fullest extent"
Mr.. Mccormick arrived in Washing
ton tonight. and Will confer with Sec
rotary McAdoo tomorrow upon the ad-
liability of adopting the Vanderlip
plan.