The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1917-05-18
PLEDGES FOR
LIBERTY LOAN .
POURING IN
Stirring Addresses by L. B.
Hanna, Judge Amidon, and
Many Others
TWO MILLION IS PORTION
ASSIGNED TO THIS STATE
German First to Subscribe With
Contribution of $4,000 for
Cause of Democracy


North Dakota citizens will become
patriotic bond holders. This state
will contribute it's 100000 or 2,00O,-
900 silver bullets on the first call in
the great cause of world democracy.
Bankers from all sections of the
slope met last evening at a dinner in
the Mckenzie hotel and in one of the
most significant and solemn patriotic
demonstrations the city has ever
seen, pledged their all to the success
Of the liberty loan.
Its Deep Significance.
The deep significance Of the war
was brought closer to Bismarck than
ever before, as these business men
faced the grave financial problems in
cident to the great struggle and with
a patriotism untinged by commercial
ism, offered tosconscript their wealth
that the principles for which this ma
ton fought nearly, $50 years ago
should not perish. o-t'
"eonds Of Loyalty"
Sentiment expressed at Grand
Forks, later at Minot and last eve
ming in the capital city indicates that
North Dakota will contribute the
s1,5eee, ,eess on So eeteas assigned as its
portion of these bonds Of loyalty" Z
Bankers rose from their places at
the banquet table last evening and
offered 10 per cent of their capital
and surplus. odf this is duplicated by
every banker din tIiea state North Da-
kota's pertion isfasaused now. ....
yiaSthjkertNeynotesda
Governors f4annniand Judge Amidon
struck the keynote in their addresses,
when all mercenary motives were
eliminated in connection with this
loan and the patriotic obligation it
imposes upon every citizen, whether
of meager or of swollen income, was
driven home.
Not only the bankers, but citizens
in all walks of life are asked to take
q portion of this liberty loan. The
government has asked the bankers, 1t
is true, to subscribe for large blocks
and retain a goodly portion,' but 1t
wants these bonds in the hands OF
thousands of men, women and chill
dren so that many individuals can
feel that he or she IS doing {" bit
toward this great war Dit1, ebehaaf Yofsa
world democracy Bankers have con
sented to underwrite this issue and
see to, its distribution without com
pensation. This is a contribution OF
no mean proportion to those who un
derstand the cost Of floating bond is
sues. But in addition to this the
bankers themselves will retain large
sums of these bonds
Bear Interest.
The bonds bear interest of 81 pei
cent backed by all the resources OF
the richest nation of the world. This
interest is payable semi-annually and
if in the future any bonds bearing a
higher rate are issued, the govern
ment will redeem the present issue
and issue to the holders the new Sc
curities. They are not taxable in the
ordinary sense, being subject only tc
the inheritance tax.
Intense enthusiasm marked the ex
planation of the various features o1
the issue by Governor Hanna.
The dinner opened with an earn
est invocation by Rev. H. c. Postle
thwaite, pastor of the Presbyterian
church, who was introduced by ]. l.
Bell, vice president of the First Ma
tional bank.
Succeeds Russ.
Mr.. Bell succeeds George Fl. Russ
Jr., as chairman of this district. Mr
Russ was called to the colors ane
is now in the officers training caml
at Fort Smelling. Behind Mr.. Bell
who was toastmaster, was a large
American flag. bearing number o
liberty loan posters, artistic IN de
sign and bearing a facsimile OF the
bonds with the inscription, Liberty
loan-become a patriotic bondholde1
--subscrjbe at your bank today Or
tho facsimile of the bond are these
words:
"The bond of loyalty backed by
all the resources of the richest
nation in the world.
"As good as cash and draws
interest"
Necessity of Subscribing,
Enthusiasm greeted the opening
words of Mr.. Bell, who well stated
the necessity of supporting the lib
erty loan SO that success might fol
low our arms. He introduced as thu
first speaker of the evening Governor
l.. j. Frazier.
"This gathering this evening n
said, "is only another proof OF th,