The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-05-19

that commercial clubs Of the district
take hold OF the proposition in float
ing the bonds.
State to Get Credit.
Attention was called by several of
the bankers that subscriptions had
already been sent to the Federal Re-
serve bank in Minneapolis and In
stances were cited showing where
these amounts had been recalled in
order to be given to county chairmen
in order that the state would get the
credit for the issue. For the chairmen
OF the districts to get the amounts
and then turn 1t over to the general
chairman, l.. B. Hanna, seemed to be
consensus as to the proper method to
take.
Montana Delegation Here.
Roy J. Covert, president OF the Mer-
chants National bank of Billings,
Mont, and chairman of the Eighth
district reserve. comprising FIVE coun-
ties, and M. c. McDonough, manager
of Stone ordean Wells Co, of Bill
hngs, were guests of the local bank
ers. The men have been sent to st.
Paul as delegates to attend the con-
ference with Secretary McAdoo which
will be held today.
In a statement to the press last
night, President Covert said:
Montana held her first preliminary
Hotter of the federal reserve board
as chairman. The state has been d.
vided into nine districts. AS chairman
Of the Eighth district organization,
which comprises Yellowstone county,
have already launched campaign
and when / left Billings over 100000
had been subscribed in Yellowstone
county alone.
"Mr. McDonough and myself were
a m he
banks and the merchants OF Billings
and the Eighth district at the McAdoo
conference and to return with sug-
gestions for a continuance of our
campaign. We will return to Billings
Monday noon, where a committee of
rs has been organized to carry out the
campaign in the five counties of the
Eighth district.
Montana has already subscribed in
excess of $1,000,000 We have re-
quested each bank to subscribe 25 per
cent of its capital reserve and that
will bring in 100000 and we will
have no trouble in reaching $4,000, 900.
Yankee Genius Wins.
President Covert stated at the ban
quet that Yankee genius has never
failed" but that it Is hard for this
omize or sacrifice. Patriotism, he
said. must become our God If we are
to win this war"
He stated that in Billings the bank
ers and the merchants have requested
their employees to take out liberty
bonds and are helping them to buy
the allotments desired.
you merchants and bankers must
ask your employees to subscribe and
assist them in this campaign. l
know that every business firm in
Fargo could ask its employees to sub
scribe 500 and the result would be
astonishing. Your help is eager to
show its patriotism. but needs your
assistance"
Letter From John Rich.
Governor Hanna read letter from
John Rich, chairman OF the Federal
Reserve bank in Minneapolis and re-
serve agent that the point has been
raised in some sections where there
Is a heavy German population that
there will be a large number Of indi-
viduals who will be anxious to sub
scribe and to have their subscriptions
to the liberty loan made in such a way
as to present a definite evidence of
their loyalty to the government Mr..
Rich says there is nothing in the in
structions from the United States
treasury to prevent the commit
tee from announcing locally the
names of the subscribers or in its dis
erection the amount.
ut Is very likely that there will be
many localities in the districts where
the mere fact of announcement OF
those who have given pledges will be
very definite incentive to others to
com forward with their subscriptions
and 1t is likewise apparent that such
an announcement will be taken adj
vantage of by great many people as
an opportunity to present to their
neighbors an evidence that they are
come forward with their subscriptions
Banquet rendered Visitors.
Members Of the North Dakota Clear
ing House association rendered the
banquet to the visiting bankers at
which Secretary Hardy of the Com
mercial club presided. After dinner
talks were made by Judge Andrew A.
Bruce, chief justice of the state SUI
preme court; Judge Burleigh F. Spald-
ing, former chief Justice; Roy J. Cow
ert, president of the First National
bank of Billings, Mont: w. G. Me-
Dowell, president of the First National
bank of Marion, N. D., and p. w.
Clemens OF Fargo. chairman of the
Patriotic bureau.
Following the banquet. the two dele
gates from Montana with Secretary ].
p. Hardy, e. j. Weiser of the First
National bank, and G. o. Follett, presi-
dent OF tine GOnmerClAI cluDs leIL@ lot
St. Paul to attend the conference of
the Chamber Of Commerce association
with Secretary McAdoo which Is be-
ing held today. Elk governor Hanna
did not make the trip being somewhat
too tired after the trip over the state.
Bruce Chief Speaker.
Chief Justice Andrew A. Bruce was
the principal speaker, his talk being
along patriotic lines. He stated that
''hyphenated American who came to
this country without anything, then
took everything the United States
had to offer and in return swore al
Iegiance to the flag but now fails to
support that flag and is in sympathy
with an enemy country is a reprobate.
ia cur and a traitor" He said he had
no doubt but what most of the hyphen-
ated Americans are loyal to the United
States, explaining that they love the
ideals for which the United States
stands and which had made IL the
great power in the nations Of the
world.