The Athena press. [volume] (Athena, Umatilla County, Or.) 18??-1942, 1917-10-19
THE LIBERTY LOAN
CAUSE PRESENTED.

Wednesday afternoon at 2 O'Clock 4
good crowd gathered on Main street to
hear the speakers on the subject of the
Liberty Loan.
The Athena High school was dis
missed for the occasion and teachers
and pupils heard the address.
The meeting was presided over by
M. L. Watts, and Rev. Gornall and
Miss Esther South of Pendleton led in
singing patriotic songs.
The First National Bank of Athena
reports subscriptions up to date of
$7S50. Since the Liberty Loan speak,
ers were here, seven new subscriptions
have been received. among them the
following from patriotic young Indians:
Henderson Tatshama $50; Martin Au-
dette, $50; Edna Audette, $50; Ida
Audette, $50; Thomas Bushman, $500.
The first speaker was Hon. j. w.
McCulloch of Ontario who told of the
seriousness of the struggle in which
the United States is involved and the
great need of funds with which to
prosecute this war.
Soldiers can win battles but it
takes money to win wars" was the
way Mr.. McCulloch epitomized the sit
uation. Mr.. McCulloch declared that
the food producer cannot take any
credit out of dong his bit by helping
to feed the armies and the :people be-
cause he is being paid in big profits
for his products. His supplemental
duty, therefore, is to finance or fight,
and since the government has said
that he is more valuable as producer
than fighter it is plainly his duty to
loan some of his big profits to the gov
ernment.
'There are none too poor to buy
bond, he said, and went on to explain
the easy installment plan of paying
for bonds. This war, he said. is. cost.
ing the government $50, 1000, 600 day,
colossal sum and not one bond issue
but many bond issues are going to be
needed to pay the cost.
Mr.. McCulloch was followed by
c. A. Miller, chairman of the Oregon
campaign, who in forceful manner
and plain business talk emphasized the
Importance of the people awakening to
the situation. He said in part:
"The United States is going to have
money enough to win this war. That
is certain, and. if the people won't
loan it, then they will have to give it
in the form of taxes. The govern
ment is not asking anybody to give
this money outright. 1t is simply
asking of loan upon the best security
on the face of the globe and is guaran-
teeing four per cent on the investment.
The investment is gilt-edged one for.
aside from the interest, the bonds are
almost certain of going at a premium
as soon as the war is over. 1t is
matter of history that every United
States issue of war bonds has gone to
premium, sometimes as high as 116.
The investment is a sound one and
good one, for the bonds are the most
salable things in the world, and If the
people won't loan they are going to
have to give outright"
Senator W. M. Pierce then followed
urging the people to arouse themselves
to the seriousness of the situation con-
fronting the nation. Both he and the
former speaker spoke of documentary
evidence showing that Germany had
been preparing for years not only to
crush France, England and Russia but
to teach America lesson, so that
/ there would be no interference with
the German plan for world domination.
They told Of some of the atrocities
committed by the sanction of the Ger
man authorities as an evidence of what
treatment might be expected should
German autocracy triumph.
Senator Pierce emphasized the point
that the second Liberty Loan would
not be the last loan asked by the gov
ernment and that the people rich and
poor, must take a stand behind the
government. We've got to win this
war if it takes every cent ssof the 200
billions of wealth that we have" he
| declared.