St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1917-05-23
LIBERTY LOAN"
CAMPAIGN ON
St. Johnsbury's Quota of
Loan Is Estimated At
$320,OOO

The campaign to float the Liberty
Loan is now on SO far as st. Johns
bury is concerned and until June l5
the slogan will be Every householder
g bondholder' The campaign is in
the hands of several committees rep
reSenting our financial interests and
our active business men. 1t began on
Monday afternoon when about SO
business and professional men met in
the Y. M. G. A. at the preliminary
meeting. ElmOre 7. Ide was chosen
chairman of the organization and Ar
thur +. Stone was named as secretary.
Mr.. idc reported the result of his re-
cent trip to Boston and what the
Chamber of Commerce and the finan-
cial institutions of Boston were doing.
He outlined plan that might be ad-
opted in the local campaign and the
following committees were appointed:
Executive committee: ElmOre r.
Ide, A. B. Noyes, Homer e. Smith,.
Publicity committee: w. J. Bigelow,
P. +. Hazen, Charles w. Ruiter.
Canvassing committees: 2. +. Hazen.
James Cosgrove, A. r. Noyes.
Committee to arrange for the pub
lie meeting: Frank II. Brooks, Arthur
y
James Cosgrove, DR.. c. A. Provost.
Rev. FIR. T.. G. Drouhin.
The following from surrounding
towns were named on a general COM
mittee: Guy Albee, Hardwick; II. C.
Wilson. Lyndonville; #. d. Stocker,
Danville, c. S. Webster, Barton; f.
A. Darling, Burke; l.. II. Thornton.
Barnet; II. A. Renfrew Peacham;
Bernard Eastman, Groton.
Bank officials were present at the
meeting from Lyndonville, Barnet,
Danville, Burke and Barton. besides
those representing the local banks,
and the hour was spent in an inform
al discussion of the loan and the nee
essity of informing the people of the
need of q generous subscription.
Monday evening Olin w. Hill of
Boston, arrived in st. Johnsbury. hav-
| ing been sent here by the Federal Re-
serve Bank of Boston to- give more
/ publicity to the loan. Mr.. Hill was In
| conference with the bankers and 9TH
ters throughout the evening and met
With the various committees that
| were in session through the day fol-
i lowing. He gave the committees many
] pointers to be used i'll the coming can
T N.tS7 anu IelL ldiot ulSilt ICT oIiSstHa
county where he will perform similar
duties.
| " esterdayt afternoon the committee
to arrange for a public meeting per-
| fected their arrangements for gath
erlng to educate the people upon tho
largest loan ever f1oated by any natior
in the. world. OF the $7,00O,0OO,00e
authorized by Congress only $2.000,-
600, 900 will be issued now and the
/ details of the loan, its absolute secu-
rity and our patriotic duty to buy 6
bond will be- fully outlined at tho
mass meeting to be held in tho Col
onial Theatre on Friday evening a
7.30 O'Clock, standard time. The Fed
eral Reserve Bank of Boston viii
send up a fine speaker for the occa
sion, whose name will be given later
The local speakers will be A, B. Noyes
Frank H. Brooks and James Cos
grove. Good rausic will be provided
The great majority of our townspeoplt
need to be informed as to the feature
of this enormous loan, and why the.
should subscribe. ALI, are invited t.
come out Friday night and hear tn,
speakers
Government expertssfigure that New
England will take 0,000, ,00Geof thi
loan and on the per capita basis upon
which this estimate is made st. Johns
bury's quota is approximately $320,
600. One-half of this amount has al
ready been subscribed by our loca
banks and it is now up to the towns
people to do the rest.