The Parker post., 1917-12-08
LIBERTY BONDS
AS PRESENTS
APPROACHING HOLIDAY SEASON
FURNISHES INCENTIVE FOR
PURCHASE OF LIBERTY PONDS
FOR PRESENTS.

The real patriotic American Christ
mas present this year Is o Liberty
loan bond.
All other gifts Of this holiday sea
son, even of gold coins, have no
place with the purpose and meaning
and effect Of the preservation Of
Uncle Sans bonds which he gives
the people. for the loan Of tbeir
money to carry on the great war to
a successful conclusion.
| Officials of the federal reserve
banks are urging the widest possible
! distribution Of the Liberty loan
bonds, an especial effort being made
| this Christmas time to place the
bonds in the hands of practically
every citizen in the country.
Urging the wide distribution OF
the Liberty loan bond, the officials of
the Twelfth Reserve bank at San
Francisco have asked Governor
Campbell to urge the attention of the
people of Arizona, and especially the
banks OF this state, to continued
effort to place as many of the bonds
with the people as possible.
The following letter has been
sent by Governor Thomas e. Camp
bell to each one of the "a state and
national banks in Arizona:
December /, 1917.
My Dear Sirs:
I am reminded by the governor Of
the federal reserve bank of the
Twelfth district that a continued ef-
fort upon the part Of our bankers
for the widest possible distribution
of Liberty loan four per cent bonds,
is necessary.
Our government requires every
dollar of new money available for the
purchase Of its bonds during the war
and, the real purpose of the Liberty
loan campaign Is a distribution of
these government bonds among in
vestors who will hold them during
the duration Of the war
Officers and employees of all banks
are urged to constant effort in the
distribution of any bonds they have
on hand, among residents of their
districts who have not already in
vested.
1t Is pointed out that the approach
ing holiday season may we'll furnish
an incentive to the purchase OF these
bonds. Every effort must be made
by letter, advertisement and per-
sonally, to prevail on our people to
buy these bonds as Christmas gifts
to relatives and friends, instead of
the useless offerings so commonly
made at that time.
I have assured the governor of the
federal reserve bank of the Twelfth
district that the bankers Of Arizona
will respond manfully to his appeal.
With best wishes, I am sincerely,
THOMAS e. CAMPBELL,
Governor.
A further reason put forward by
the federal reserve bank officials
why gold coins should not be used
this year as Christmas gifts is be-
cause the government needs all the
gold it can possibly hoard.
Many people-the rich being guilty
in this respect-after failing to find
gifts that suit them to send to their
friends at Chri tmas said the Of
li'"al,drop into bank til, day hofo1e
Christmas and get handful of
gold" to scatter around Christmas
dAv.
The only reason they shouldn't
de- that this year is that Uncle Sam
needs the gold to help win the war.
Ic keep up the great system of war
financing, which keeps the allies
fighting, as we'll as ourselves, the
government must hoard the supply
Of gold. Germany has found it
necessary to melt its jewelry into
gold in a futile attempt to keep the
value Of its money up to par in for
eign markets.
Using Liberty loan bonds and war
savings certificates instead of gold
coins for Christmas presents will
serve the double purpose of conserv-
Ing the gold supply and helping
finance the war.