Arizona republican., 1917-10-22
LOAN FAR UNDER THE. MAXIMUM.
rEeDubncan A. p. Leased wirel

Republican A. p. Leased Wrel
 WASHINGTON, Oct. 21-The Lib crty loan campaign swings into the home stretch tomorrow with subscrip- -Ions of only Sl.973, ,000, 900. or slightly under 40 per cent of the hoped for uaNimum. in the final spurt to the finish, next Saturday, officials said to- night. it carries a handicap regarded as u' necessary in the form. of widespread reDorts that the totals announced by the treasury department are actually -s q below the totals really subscribed.
 This handicap. it is said, is imposed fnwittingk by the loans best friends vho have come to believe in many in- etances, that the treasury department iias deliberately made the total sub scriptiOns appear less, by several hun dred million dollars" than the real re- turns. No such practice, it was em- phatically asserted tonight, has pre- aailed. The totals, official and esti- ~'ated- as announced at night, it was as serted. present the sum of official and .sumated returns sent daily by wire to he treasury, and are not altered, iuggled or reduced.
 The policy of the department throughout the campaign has been to publish the latest official figuras a hand exactly as returned by the differ ent federal reserve banks and to make auhIic without changing estimates for warded to Washington by heads of the various district committees" reads the treasury departments statement to- night
 Committee chairmen throughout the country have been asked to base -heir estimates on what they know to l'e the facts and insofar as is known >lt the department. they have done so.
 The situation tonight, therefore. ac- cording to the best information the de i,artment possess is that the sales to date are about S1 ,000. 900 000 short ot the minimum and $3000 900 900 short O. the maximum quotas set for the coun- t.F by Secretary McAdoo at the outset rui the campaign. He insisted that $3,- ''o. o.o0e.000 in bonds he sold and it was his expressed hone that tho 1000 000,- 000 mark would be reached.
 Vigorous efforts will be made in ev- cry district between tomorrow morning and next Saturday noon. to realize the s1.00, 000, 900 total. The $3,000, 900, COG
 "'- ic Hei"e lost sight of in the figh for the higher figure.
 one of the strongest arguments to be used in the closing days of the cam
 
 seventh German war loan just made public
 After more than three years of wal and with a casualty list estimated al s 5s0.G coo persons. the German people exclusive of soldiers. have subscribed S2.l01.500,00O to a loan Nothing would give the kaiser and all other enemies of tnis country more pleasure it will b6 lc;nted out than for the people of the lited States to fail to subscribe a greater amount than this to the second Liberty loan when they have had onlS unc previous loan, and virtually no cas- ualties.
 The general outlook for the sale is good. Only two disturbing elements appear: the apathy of certain rura communities of the middle west and ;"uth and over-confidence. bred by un- founded optimistic reports of sales.
 Liberty day. next Wednesday, 'nuhtless will see a flood of subscrip- iions Thc country will celebrate that occasiQr, made a national holiday by
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