Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-06-09
MADO0 CALLS ON BANKS
I FOR REPORT ON LOAN
s. :. ton as TO Progress of
It, Subscriptions.
sEAY ISSUES STATEMENT
Chesapeake and Ohio Railway Com
pany Buys Sf,00O,OOO of Loan,
President Stevens Heading List Of
Employees With $1,000.

$3.50
Upon the receipt of an urgent tele
gram yesterday afternoon from Will
liam. C. McAdoo, Secretary of the
Treasury. letters went forth last night
from the central bureau urging all
banks immcdately to report their
total subscriptions to the Liberty loan,
both for their clients and for them
selves. Governor George j. Seay. OF
the Richmond Reserve Bank. was adj
Hised in the message that the depart
ment vas uniformed as TO the prog
fess made in subscribing to the loan.
and must have this information at
once.
Tho letter to the banks is as fol-
lows:
>,"Governor George j. Scay is in
receipt this afternoon Of a most Urgent
telegram from the Secretary of the
Treasury, requesting the banks immc
diftely TO put III all OF their suhscrip-
lions to the Liberty loan. including
their own subscriptions. II is I'M
possible for the secretary TO know
how the issue is being subscribed to
Without our fullest operation"
- President George w. stevens. of the
Chesapeake and Ohio and Hooking
Valley Railroad Companies. announced
100000 of the bonds by the two rail-
road companies for themselves and
their employees which were sub
scribed through the banks of this city.
This subscription is the largest yet
made In Richmond and helps material
ir to brinS the total amount sub
scribed near the figure allotted 10 this
city.
SPEAK TO EMPLOYEES
AT GENERAL OFFICES
six speakers yesterday afternoon
made short talks To the employees
Of the Chesapeake and OHIO Hallway
Company in its general offices. and
The speakers were assigned to va
rious floors, where tho clerks had
been assembled. and IN ringing adj
dresses impressed upon the young
men. and women the Importance Of
their cooperation at this iirIc. presi-
dent George w stevens III the list
with an individual subscription OF So
600.
The railroad company has offered 20
each employee the opportunity sub
scribe for and purchase on, or more
OF these bonds III inStallmcntS. col
lectinE thereto. from the employee by
equal monthly o-tductions from pay
rolls at the rate OF 10 per cent. An
employee subscribing for $50 bond
will authorize the company to de-
QuCl from MS Pay 30 per month Tor
ten months and Wien the final de-
duriion is made re VII receive his
bond. and interest - the rate of 81,
Pc cent per annGm wil! Sc allowed
hi:n cn his payments IN the settlement
OF interest then TO he made. I'm can
r.o%ee may Ply additional mounts or
4: tull at any time
President stevens is extremely en-
tEIsiastic in the Liberty loan move
T.ert; and dispatched numerous telc-
grams and letters Yesterday TO divi-
SIGN officers of the TWO systems ure-
Ing them TO give the movement their
Ctmos, support. In letter 10 Vice
President Wickham. he urged every
empicyce from the vice president
down to subscribe 10 the loan. and
SAID he wanted every one TO take OF
their coats and got 40 work" He
called The attention OF employees 10
the fact that III addition 10 helping
their country they were making
silt-edEe investment, yielding :, good
return
FoRGINGs CoRrOH ALTON
EMPLOY FEES SUBSCRIBE:
Probably the most striking rcrrp-
ton. Yet received b! rny speaker in
conducted and :, u.ceiinS productive
OF tina most good was that hc,I YES
terdsE afternoon by Executive Man.
aEer W. T pabncy a, the plan, Of
tne hichHond foGS fnSS t.tCrpordt!on.
There were ahGut Al a0 men a, the
mseting. md fully 80 per cent signed
SUBSCRIPTION cards. Many of them
bought the bonds they said for their
wives, sisters and daughters. while one
man SAID he was purchasing tho bond
for his son. who has already enlisted
IN the rountrys hEhtinc force
-Sfr. Dabney also held meetings yes
terday a the Richmond branch OF the
American Locomotive Works ami the
Richmond Cedar Works Al the latter
plant more than $4,000 vas sub.
sGribec, while the locomotive company
ts making special ARRANGEMENTS 10 al
lpw It's employees 10 subscribe 10 the
loan through the company.
II was announced yesterday thu, IN.
virginia Historical Society. at it's
monthly meeting Thursday night had
appropriated sl,5o0--aN the available
portion Of its cndowmcnt-for tn.
purchase OF Liberty oonds Magnolia
Camp. Woodmcn of the World has
purchased $500 worth OF Ii crty bonds
N was announced est,rday that all
church and hrehellS in Richmond
would be runE sunday nich, a, . 80
O'Clock as reminder to those who
have not yet subscribed 10 The loan
and the whistles on every marufac-
tuning plant in the city viii be blown
at noon Monday Plans arc also
to be considered for the holding Of
public oper-air meetings a, downtuwu
street corners, when prominent SPEAK
ers' viii urge the people TO invest in
the bonds.
G'--4. ----------
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