The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-05-23
BANKERS ENCOURAGED
OVER SALE Of BONDS
Subscriptions to liberty Loan Yestcr.
day More Than Twice As Large
As Preceding Day.
DABNEY COMING FRIDAY
Bankers Association Executive Com
mittcc Meets This Afternoon to Dis
cuss Other Dctails-An Seem
Optimistic.

With the subscriptions yesterday
Just two and one-half times more than
those of the preceding day, when the
campaign for the sale of liberty loan
bonds was opened in this city, there
was spirit of optimism prevalent
among the Richmond bankers last
night While some of them made it
plain that the bonds are not being
disposed of as fast as is desired. they
expressed themselves as being very
much encouraged over yesterdays
progress The bankers believe that
the people are fast being aroused
here, and that the bonds will be 60
ing with considerable rapidity within
the next few days.
The executive committee OF the
Bankers association will met this
afternoon at $3.50 O'Clock IN the First
National Bank building to consider
various other details regarding the
campaign, The members Will also
learn whether or not the committee
men whom they appointed at meet
ing Monday will be able to serve. Five
or six committees were appointed at
this meeting. and it is understood that
practically all who were named TO
serve on them have already expressed
their intention OF serving.
DaDYSy hctuFnS fFiuHS.
There are many other things that
will have to be worked out within the
next few days, ii was announced last
night. However. it is said that every
thing will certainly be in shape by
Friday ard that tho campaign Will
begin in earnest by next Monday.
william r.. Dabnev, who will serve as
publicity manager. of the campaign.
Is still .t-of Richmond on business
for the chamber OF commerce and
will probably not return until Friday.
II was thought that he would be here
not later than yesterday to assume his
duties. but he telegraphed that Il was
impossible for him TO complete his
mission until Thursday. at which time
he will leave for Richmond. However,
before leaving town Mr., Dsbnes made
a number OF yalua bile suggestions that
viii prove helpful in the movement.
Most OF them have been adopted by
the Bankers association and they will
he carried out as soon rs the former
returns 10 the city
Announce ment was made yesterday
that any reasonable terms can be
made with any bank in Richmond for
the purchase Of a liberty loan bond,
Financial institutions of this city have
agreed on this policy in order to en-
courage a free and generous purchase
and 10 secure as wide a distribution
OF the bonds as possible. A man OF
m oderate means will be afforded an
opportunity to buy one. two or as
many bonds as he desires. and pay for
them weekly. or he can borrow money
from the banks. using the bonds as
collateral
The banks In Richmond will follow
no uniform rule, but will handle each
separate case on It's individual merits.
Every purchaser OF a bond will be
given generous and prompt treatment
NJ the various banks whether he has
a bank account there or not. Bonds
in either large or small amounts
should be purchased through liberty
loan clubs. The Federal Reserve dis
trict has been asked 70 subscribe to
81 90. 900. 900 worth OF the bonds Gen
erous subscriptions are being report ed
in various other sections OF the dis
trict and Richmond people have been
urged 10 do their part