The Hawaiian gazette., 1917-09-28
LOCAL DANKERSTO
HANDLE Campaign
s0F LIBERTY BONDS
Major Francis J. Green Asks Sec
Rotary McAdoo TO Relieve
Him From Task
PLANS WILL BE MADE
"a !. SOON FOR BIG DRIVE.
Women and Boy Scouts Are Ex-
pected Toad In Raising Funds
For Carrying On OF War

81. "a. q ..a q. y E .a.t ---.----
The campaign for the second issue
Of Liberty Loan bonds will probably be
handled BY committee Of local bank.
ers. IL Major F. ]. Green's Request TO
Washington TO be allowed TO Withdrew
as chairman of the cgmpaign commit.
tee Is granted, The men on the cen.
trial council would presumably be rsp-
seBtatives from the Bishop Trust Co,
Bishop 4 Co., the Bank OF Hawaii, the
First National, and the Bank of Homo.
lulu. - s..'.E
Major Francis J. Green wrote TO the
secretary Of the treasury last pf,.ht
asking to be allowed to resign his
Craftsmanship of the second Liberty
Loan campaign COMMITTEES. Pursuant
70 instructions received from Washing
ton, the Governor appointed Major
Green several weeks aga TO take charge
of this second campaign. No other
members have yet boon considered.
Is Head of Exemption Board
The responsibility Of making the se
iective draft for the Territory was
also laid upon Major Green's shoulders
MS chairman of the district exemption
board. He has been giving ali his
lime TO the government for the work
OF the draft, and felt that il was a
physical impossibility for one man to
handle the work OF both these huge
patriotic features. On that ground he
asked TO be relieved from the duty Of
arranging and carrying out the second
Liberty Loan bond campaign.
II Major Green 8 request is granted
u Is not known who will take his place.
or whether new board win be an
pointed by the Governor or by the
| chairman of the executive board OF
the twelfth federal reserve district.
which is in charge Of the campaign on
the western coast II is thought likely
that wherever the appointment comes
from, the committee will include the
representatiyes of the main banks Of
Honolulu. y
Robert +. Stever of the Bishop Trust
Company received cable Yesterday
from, James X, Lynch, governor of the
Federal Reserve Bank OF san Francis
60, asking who had been appointed as
chairman of the second campaign in
Honolulu. Lynch is chairman Of the
Liberty Loan executive board Of tn.
twelfth federal reserve district under
authority from Secretary Of the Treas.
ury McAdoo.
Until informed by The Advertiser
last evening Of Major Green q M
pointmeut, Mr.. Steyer was in ipnor.
anee of the fact that chairman had
been named for Honolulu, as owing 10
the great pressure of business for the
selective draft, Major Green has been
unable to formulate any plans for the
carrying out Of the loan campaign. or
even TO designate or request any as
sistants in the work.
Haste Necessary
Mr.. Stever win confer with Major
Green this morning in regard TO mat
tiers connected with the second Liberty
Loan. IL the drive is TO be held here
in October, as has been expected.
there Is need of getting the prepare.
tory campaign under way. 1t will be
necessary to get an executive board to-
gether ut once. If Major Green is al.
lowed to retire MS chairman another
will have to be appointed, and Lynch
will be so informed, a..at ,'E
The campaign for the first Liberty
Loan bond issue was not handled in
Honolulu in an organized manner BY
the financial houses, and it is felt thar
the work can be made more thorough
this time by q central committee ap.
pointed from the bankers and prom.
inent business men. The solicitation,
will be made more Of community af-
fair this time, with representative of
banking, business, industries, mer.
chants, transportation men, mannfac.
turers, and all the interests of the
Territory at work to swell the sub.
Scriptions of funds.
Women To Help
The Japanese, Chinese and Portu.
guese colonies of the Islands will prob
ably have their own solicitors, and the
women of the Territory win be asked
TO help in the drive. The Boy Scouts
will probably be called upon 70 take
prominent part, In the first Liberty
Loan drive on the mainland the Scouts
secured subscriptions TO the amount Of
over twenty million dollars.
A committee on securities was ap.
pointed during the first bond campaign
here to pass on the securities allowable
as deposits on the loan, The work os
its members was highly satisfactory,
though they had little OF nothing to
do with the organization of the drive
as a whole, II Is felt that this time
the bond sale will be more successful
II thorough organization Is made, aud
il is also thought probable that these
same men. who will profit by the ex.
perienee of the earlier campaign, win
be appointed as the executive board.
The men ON the securities committee
were Robert +. Stever. Bishop Trust
Company, A. W. T. Bottomley. Bishop
4 Company, Clarence II. Cooke, Bank
of Hawaii, L. Tennev Peck. First Ma.
tional Bank, and Z. I, spalding, Bank
of Honolulu. -, .. q -. .# VI.