Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1917-12-12
LIBERTY BONDS AS
PRESENTS IS THE
new SUGGESTION

|
mas present this year is Liberty
loan bond.
All other gifts this holiday season,
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 thes loan
OF their 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 bonds, the officials of
the Twelfth Reserve bank at San
Francisco have asked Governor Camp
bell to call the attention of the people
of Arizona, and especially the banks
of this state, to a continued effort to
place as many of the bonds with the
people as possible.
The following letter was sent by
Governor Thomas Z. Campbell to eacn
one of the "A state and national banks
in Arizona:
December /. 1917.
Ny Dear Sirs:
am reminded by the governor ii
the federal reserve bank OF the
twelfth district that continued effort
upon the part of our bankers for the
widest possible distribution o. .i3eriy
loan four per cent bonds is necessary.
Our government requires every dol
lar of new money available Tor the
purchase of its bonds during the war
and the real purpose of the Liberty
loan compaign is distribution OF
these government bonds among IN
vestors who will hold them during
the dura lion of the war
Officers and employees Of all banks
are urged to constant effort in the dis
tribution of any bonds they have on
hand, among residents. of their dis
tricts who have not already invested.
1t is pointed out that the approach
ing holiday season may well furnish
an incentive to the purchase of these
bonds Every effort must be made
by letter, advertisement and personal
ly, to prevail on our people to buy
these bonds as Christmas gifts to rela
tives and friends, instead of the use
less offerings so commonly made at
that time.
| have assured the governor of the
federal reserve bank of the twelfth
dis .rict that the bankers of Arizona
will respond manfully to this appeal
With best wishes | am, sincerely,
THOMAS Il CAMpPET
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 because the gov
erment needs all the gold it can pos
sibly hoard.
Many people-the rich being guilty
in this respect-after failing to find
gifts that suit themSto send TO their
friends at Christmas said the official,
drop into a bank the day before Christ
mas and get a handful of gold" to
scatter around Christmas day.
The only reason why they shouldn't
do this this year is that Uncle Sam
needs the gold to help win the wal.
To keep up the great system of war
financing. which keeps the allies fight
ing, as well as ourselves. the govern
men must hoard the supply of gold.
Germany has found II necessary to
melt its jewelry into gold in futile
attempt to keep the value of its money
up to par in foreign markets.
Using Liberty loan bonds and war
savings certificates instead of gold
coins for Christmas presents will
serve the double purpose of ccnserv-
ing the gold supply and helping finance
the war.