New-York tribune., 1917-07-30
the company, in forwarding this infOr
nation.
See Chance for Improvement

City. lie says
'In my opinion and the opinion OF
many others who have been equally
interested in the Liberty Loan, the sys-
TEN will have to be largely improved,
or else small subscribers will be per-
manently discouraged. We have not
many employees, but we have over
10000 depositors, many of whom we
can interest. We did interest between
four and five hundred. In addition to
this we are in a factory section, and
the work of the campaigners from New
York was very loosely accomplished,
as only a samll percentage Of those
interested and referred to this instl-
tution ever reached here. The cam
paigners in many instances would get
people to sign a subscription blank,
just as though they were subscribing,
but got no deposit from them, with
the result that number never ma
terialized, and a good part Of this
work was therefore. wasted"
The Edison Electric Company Of
Brooklyn reports that GOA out of $500
employees purchased Liberty Bonds.
The General Cigar Company Of New
York City, employing approximately
- 1000 people, of whom 1858 purchased
bonds on the partial payment plan,
stated: owe feel that we should have
obtained better results if we had start
ed our campaign among our employees
at an earlier date. As it was, our
employees subscribed through local
agencies in a number of towns where
our branches are located.
Uniform System Advocated
f. l.. Rockefeller, president of the
Homestead Bank, Brooklyn, which was
active in promoting the partial pay
ment idea in the section OF the city
which il serves, made some interesting
suggestions in a recent letter.
~ think il would be we'll If uni
form system were adopted, to be fol-
lowed by all banks throughout the
United States, so that all bonds soId
on the instalment plan would be sold
the same way, under the same condI-
lions. and the conditions should De
reasonable payments to run reason
,bIo time. | also believe that every
hank. whether large or small, should
receive a government deposit IN pro-
,ortion 70 the amount of bonds sub
scribed TO that bank. There is no bet
ter way 20 keep the financial condition
in a settled way, and that is, the money
should be distributed throughout the
whole country, particularly in the COM
munitv in which the subscription
comes"
Traction Employees Do Well
Ont of total of $4,000 employees OF
the Interborough Rapid Transit Com
many 1859 subscribed for Liberty Loan
bonds. The New York Railways Com
pany. subsidiary, also made a good
showing. Out of total OF 6,SOO en-
Moves more than $500 subscribed for
Liberty Loan Bonds on the basis OF 81
initial deposit and similar regular
weekly payments.
In Philadelphia the percentage re-
corded by some of the traction COM
panies was also remarkably good. Out
Of total Of $500 employees Of the
Philadelphia Electric Company 2,loo
subscribed to Liberty Loan bonds on
the partial payment plan.
"Were it not for the present SHIFT
ing of labor among certain classes OF
our employees the percentage would
have undoubtedly been higher" said
an official of the company. There was
practically no disinclination shown to
participate on the partial payment
basis because Of labor union or other
prejudice against such method OF
saving"
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n CA-~