Omaha daily bee., 1917-06-15
EXPECT LIBERTY
p LOAN TO GO FAR
BEYOND ITS GOAL

Continued From Page OnsD
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speech, Give me liberty or give m,
DEATH" Mayor Ainslie OF Richmond
Va, tolled the old bell OF ST. John,
church. Throughout IT, nation bell!
and whistles re-echoed the summon.
to subscribe.
Before noon tomorrow officials hopt
every man in the country who car
subscribe will have done so. At The
closing hour tonight there was no tell.
ing where the total might lead and
no basis for forecasting the final fig
ures.
Number OF Subscribers Large.
1t seemed certain, however, that at
least 2,500,000 persons will have sub
scribed before the books are closed.
Measuring the total by the number OF
Liberty loan buttons which have gone
out from headquarters, the number OF
subscribers should exceed 100000.
New York, Philadelphia, Boston,
Cleveland, Chicago, St. Louis and
Kansas City are the districts from
which will come the great bulk Of
subscriptions. There the total num-
Der Of buttons distributed approaches
3,500,000. New York has taken L.
100000; Philadelphia and Boston have
taken more than 100000 each. To San
Francisco 26S,000 have been sent.
From several of the districts hurry
calls have been received for more.
Late campaign figures, made pub
lie today by Secretary McAdoo as OF
the close Of business last night,
showed an apparent shortage Of $751;
100000.
Subscriptions Grow Rapidly.
The total reported was $1,843, 3,000,-
900. These reports were received
afternoon at the treasury. They
showed an increase OF nearly $780,.
100000 in subscriptions over the pre-
vious days report.
The loan, according to reports re-
ceived by treasury officials, is in every
sense popular one. By far the great
est issues which the bureau of en-
craving and printing will be called
upon to turn out will be OF the $50
and 500 bonds. For there was a
heavy demand in every section OF the
country and in many rural communi-
ties. The city OF Washington, off.
cials estimate, will. marshal 10000 in
dividual subscriptions, most of them
for the $50 and 500 bonds. Employees
Of the Treasury department alone
subscribing to the $50 and $l00 bonds,
have taken approximately $4500O0.
Many to Be Heard From.
Many thousands OF banks and trust
companies are yet to be heard from.
This item, it is thought, will swell the
total by many millions. As a rule,
the banks have been inclined to hold
back their subscriptions until the last
minute or report only portion Of
them.
The amount subscribed today, 81, |
343, 900, 900, represents actual subscrip- !
tions in the federal reserve banks, ac-
by the required Q per cent |
Of the amount OF subscriptions. OFF,
cials believe that the reserve banks
will be deluged tomorrow by flood |
of last minute subscriptions.
There is yet time, however, for the |
man or woman who wants a small |
bond to get it, officials said today, |
for the small investor is to be favored |
above all others and every applica-
lions for small bond is to be grant
ed. In the case OF oversubscriptions
his would result in pairing down the
arger subscriptions on a proportion
ate basis, as announced by Secretary
McAdoo.
Banks Open Until Late.
Throughout the country banks and
rust companies are. keeping open till
ate tonight to accommodate the last
minute investor. The Treasury de-
,artment has granted banks permis-
'ion, in extreme cases, to telegraph
he amount of their subscriptions to
he reserve banks, telegraphing the
ser cent Of the total at the same time,
,ut all subscriptions, to be counted,
must reach reserve banks not later
han noon.
The exact total Of all subscriptions
rom every source may not be known
or some time after the closing Of the
,ooks because OF the tremendous
mount of clerical work involved in
Issembling returns and making tabu-
ations.