New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1918-04-10
THIRD LOAN DRIVE
BEGINS NEXT WEEK
COMMITTEEMAN BUSY DAY AND
NIGHT, SPEAKING AT THE
Y COUNTY MEETINGS
THREE BILLION TO BE RAISED
EACH MUST BUY ACCORDING
TO HIS MEANS

Plans are all complete and in full
operation for the Third Liberty Loan
drive which is formally to commence
next Monday morning but which in
reality has been in progress for two
weeks. Meetings have been scheduled
for all over the county and have been
held the past week at school houses in
Stately, Eden and Home Townships
At the Monday evening meeting in
Home Township, Rev. Klein of Sleepy
Eye, County Commissioner Palmer and
Mr.. Marquardt Of the Sleepy Eye
Mills addressed gatherings of 80 people
while F. w. Johnson was holding meet
ing in Dist. At in Albin where there were
more than 100 in attendance. Last
evening Mr.. Johnson spoke at the
town hall at Searles and Rev. Klein
and: C. L. Palmer spoke in school Dist
No; 20 of Prairieville
This Weeks Activities
The meetings which are scheduled
for the coming days are as follows
Wednesday F. w. Johnson at Colder
town hall, Thursday at New Ulm at the
Armory at 8 P. NJ. The speakers will
be Hon. Homer P. Clarke of Minneapolis
Vice Chairman of the Executive Liberty
Loan Committee of the 9th Federal
Reserve District. Other" speakers will
be Rev. Klein, Rev. Holm and Mr.
Johnson. Friday there will be three
meetings, one at the Sleepy Eye opera
house to be addressed by Rev. Klein
Mr.. Johnson and Mr.. Dempsey. On
at the Iberia school house in Starl
township where MIR. johnson and Rev
Klein and Mr.. Palmer will speak and the
third in District IS Of Eden Township
to be addressed by Rev. w. H. Walker
and Rev. John Hughes both of Sleepy
Eye. Saturday night meeting will b.
held at the Leavenworth Parochia
School with Rev. Klein and Mr.. Palmer
as speakers. Sunday night in District
SO of Albin the same workers will speak
Monday night in District No. 10 O.
Sigel Township Rev. Klein and Mr.
Johnson and Tuesday night in District
6 of Sigel they will speak again.
No Children Allowed
TIE ENRICHMENT band will furnish
music for the New Ulm meeting and as
it is expected that very large number
will be in attendance it has been decided
not to allow children to come but tt
reserve all seats for adults.
: New Ulm's Share, $3.50, 900
The entire amount of the loan will
be three billion dollars and the gov:
eminent reserves the right to allot
bonds up to the full amount of any
oversubscription. The 9th Federal Re.
serve District is asked to subscribe a
minimum of $105,000,000 but A. R.
Rogers, District Director has appor-
toned the loan among the states so as
to secure $125, 100000. Brown County's
apportionment is $850,O00 and New
Ulm will be asked to raise $250,000.
Mature in Ten Years
Tie bonds will bear Id per cent per
annum. They will be dated and will
bear interest from May 9, 1918 and will
mature September Is, 1928. The in
tere=t dates will be Sept. Is and March
Is, the first coupon bearing interest
for 1919 days.
The bonds are not convertible and are
not subject to call for redemption be-
fore matured. The fact that the Gov
eminent has made these ten year bonds
is taken by many as an indication that
the officials at Washington are not
looking for the war to last many years.
Exempt from Taxation
The bonds carry the same exemption
from taxation as those in the second
Liberty loan. Third Liberty Loan. bonds
which have been owned by person for
six months prior to the date of his death
will be accepted at par and accrued
interest in payment of federal inherit
ance taxes. The campaign opened thru
out the nation April s, and closes May
4, but this is not adhered to in the
Ninth district. In this district no selling
Of bonds is supposed to be permitted
prior to April Is. The actual selling
campaign opens at dawn next Monday
and by midnight Wednesday the or
ganization executive expects that the
Ninth district will have subscribed its
full $4,000, 900 allotment.
The Government has provided that
the bonds may be paid for in the follow