Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-06-23
BOND SUBSCRIPTIONS
TOTAL $3,035,226,85O
Applications for Liberty Loan Sur
pass Amount by Nearly So Per
Cent-Paring Necessary.

Total subscription to the liberty loan
was s3o35. 2e6.Sao There were more than
100000 subscribers. The loan was over
subscribed nearly 81 rer cen', 90 NOV CONT
or $3.50, 600 individual subscriptions were
for amounts varying from Soo 70 sdo.ooo.
Applying for allotments OF sooooUoo or
over there were twenty-one SUBSCRIBERS
The final tabulation by the Treasury
Department shows that the 1fth 1ederai
reserve district, which Includes "asniIls
ton. subscribed s1o9. 100; me returns
of the other federal reserve districts were:
Boston. s332.447. 500: Cleveland. s2s6.-
14s.7oO: Philadelphia. s232; So!.sao C gan
Francisco. s175.623.9Oo: Kansas City
s9l.75S.S50: st. Louis, s>S,ls4,oee S w
$50. and Dallas. s4S,94S.35o. These SUB
scriptions include those sent direct 10 me
Treasury and apportioned among the
various reserve districts.
Allotments on Subscriptions.
Allotments will be made. Secretary Nc
Adoo announced, as follows:
On subscriptions up to and lnciual,s
$4,000, full amount. These subscriptions
totaled S1.2966S4.S50.
More than $4,000 up to and including
scribed. but not less than $4,000 in any
instance. These subscriptions totaied
S560,10S.050; allotments to subscribers
in this group will aggregate $336.o6l.-
$50
More than 100000 up to and includ-
ing $3.50. 900. 40 per cent of the amount
subscribed, but not less than $4,000 In
any instance. Subscriptions in this
group totaled s22o.455,6oo. and allot-
ments will aggregate s99.2o3.00o.
More than S250.000 up to and includ-
ing 100000. 80 per cent. but not less
than S11o.5oo in any instance. The total
of subscriptions in this group was
s6G1. $4,000: allotments will aggregate
s1S4,3S1. 500.
More than $4,000 900 up to and in
Guiding s6.o0o.Oo0 each. 25 per cent, but
not less than 100000 in any one in
stance. Subscriptions in this group to-
tailed s234,544,3oo; allotments will total
s5S,661.25O.
More than 100000 up to and includ-
ing s10,00O,000 each. 81 per cent Sub
scrirtions in this group totaled s46,674,-
$50; allotments will aggregate s9.S01.e0o.
Two subscriptions of s25,ooo,ooo each
were received. The allotments to these
subscribers will be at the rate of 20.22
per cent. and they will receive bonds of
the value of s5,055,000 each. One sub
scriber to s25,250. 000-the largest-will
be given 2o.17 per cent or s5.o93.65o.
Pare Big Subscriber.
The pairing down process thus will apply
chiefly to the large subscriber. In cases
where larger subscriptions have been re-
ported to the federal reserve banks as
consisting Of number Of small sub
scriptions provision has been made for
allotment in accordance with the several
amounts Of the smaller subscriptions.
1.-The figures as to the number of sub
scriptions are estimated" Mr.. McAdoo ex
planned, because the returns from the
federal reserve banks in this respect are
incomplete, but when finally reported they
will exceed the number stated $4,000, 00O).
"One of the chief purposes of the
campaign was to distribute the liberty
bonds widely throughout the country
and place them as far as possible in
the hands of the people. This was i'm
portant. because the strength of gov
eminent finance. like the strength of
government policies. rests upon the
support of the people. The large num-
Der of subscribers. especially the large
number of small subscribers. is most
gratifying and indicates that the in
terest of the people was aroused as
never before in an issue OF bonds
The widespread distribution of the
bonds and the great amount of the
oversubscription constitute an elo-
quent and conclusive reply to the
enemies of the country who claimed
that the heart of America was not in
this war. The result, Of which every
citizen may well be proud, reflects the
patriotism and the determination of
the American people to fight for the
vindication of outraged American
rights. the speedy restoration of peace
and the establishment of liberty
throughout the world.
Temper and Purpose of People.