The Watertown news. [volume] (Watertown, Wis.) 1917-1919, 1917-10-24

Washington, Oct. 24.-Today. Lib
erty day by proclamation Of President
Wilson, the nation faces the test of de-
termining whether the second Liberty
loan Of 1917 shall roll up an over
whelming success.
1t faces the greatest day Of the cam
paign. with not more than half Of the
$1,000 100000 hoped for actually SUBJ
scribed, according to careful estimates
compiled by treasury officials last
night. Two and one-half billion dol
lars, they estimate. must be obtained
In subscriptions in the four days that
remain.
The field force of 100000 workers
re-cnforced today by speakers. includ-
Ing members of the cabinet, former
President Taft, William ]. Bryan.
Speaker Clark and other nationally
known orators.
Secretary McAdoo, telegraphing
from Nashville, sounded the keynote
OF the day in Liberty day stat sxnenf
issued here
"All that is needed now to make the
Liberty loan an overwhelming sue
cess he said, lis that the people gen.
orally in all parts of the nation realize
the personal application Of the loan
appeal. There is still too much of
tendency to believe that the loan will
be subscribed easily and without the
assistance of the average man and
woman"
Other Business at Rest.
Business was nearly at a standstiu
throughout the nation today except Cor
the sale of Liberty bonds. Designated
q national holiday by President Will
son, the day has also been made
holiday by governors of the various
states. Business houses ana schools
were closed; thousands Of speakers
will deliver addresses and hundreds OF
thousands of new workers Joined for
the day the army of 100000 solicitors
already in the field
particular efforts are to be put
forward" says the treasury depart
ments statement, Ito obtain further
subscriptions from farmers in the
South and parts of the middle West.
AS was the case week ago, the rural
communities In those sections are
making the weakest showings of any
In the country.
Returns from all federal reserve
districts show that at the beginning
of business Tuesday subscriptions of
$1,5O1 1892, $50 had been officially re-
ported to them. This represents SUBJ
scriptions upon which the first pay
men Of per cent has been deposited
In banks reporting to the reserve
banks.
$2,5oo, ,ooo. 900 Indicated.
Unofficial figures indicate that an
estimate Of $500, 100000 for all sales
appears to be conservative.
Briefly stated, then, the situation Is
that the $3,OOO,OOO,OOO minimum
quota set for the loan at the outset Of
the campaign on October l will be
passed today, If Liberty day subscrip-
tions come up to conservative expecta-
tions. They may carry the total be-
yond that point.
"The maximum total of S5,OOO,OOO,-
900 Is far distant, however. To at
tain 1t by the close of the sale Sat
urday will be feat worthy Of the
best mettle.
Reports Of maximum quotas hav-
Ing been passed in various parts OF
the country began to arrive today
New York wires that its sales will
pass the billion-dollar mark today"
The signal for the lighting Of Liber-
~ fires throughout the country was
given when Mrs. w. g. McAdoo, chair
man OF the woman's Liberty loan COM
mittee. lighted bonfire at the Wash
ington monument.
She used a candelabrum which once
belonged to Napoleon Bonaparte, con-
tanning trench candle made In Cue
bee. The faggots are of wood made
from historic places In many states.
Exclusive.
Mrs Nurffch-YoS our CON Dorxt~~tS