The weekly Iberian. (New Iberia, La.) 1894-1946, 1918-04-27
McADOO APPEALS TO
FARMERS TO BUY BONDS
Twenty Million Subscribers Needed TO
Make Third Liberty Loan
Complete Success

anu Nht iitlt uiNfphih SihE ~ - "
enemies"
This Ia the message which Secretary
OF the Treasury McAdoo bore to the
peonle OF the sixth Federal Reserve
District In his tour Of the district last
week in the interest Of the third Iio-
erty Bond campaign.
Speaking before thousands Of people
IN ak cities OF the Southeast, the sec
rotary was cheered to the echo by his
Immense audiences, as he told OF the
moods Of the government the character
OF the honda, and made stirring pea
for every man. woman and child in
the district TO get into this war which
a. now being waged for their liberties,
N only bv the purchase OF the smallest
bond
Mr.. McAdoo made II plain that with
ont the aid OF the farmers OF the
south OF the merchants and PROBES
sionel men and all the laboring classes.
tho third loan would be a failure,
which would be worse than German
defeat
The banks must perform their nee
sssary functions and keep their funds
In LIQUID form to supply credits TO the
industries engaged in the manufacture
of munitions OF war and In carrying
on the general business Of the country,
and we must not take all the funds out
OF these banks" he continued
Want Twenty Million Buyers
DO you know II would be most
impressive thing II we could say to
the Kaiser that not 100000 Amert-
can citizens, as In the last loan. had
subscribed but that this issue was
taken by fifteen or twenty million OF
American citizens!''
In his speech. which rang from one
end OF the district TO the other, the
head OF the treasury traced the part
which America has played in her one
year OF war. how she was forced into
the struggle against her wish, and
only took UP arms after all her sacred
rights had been contravened by the
unprincipled Hun. He told how the
American flag was ordered off the high
seas by Berlin, and how the only Amer
lean ships that were allowed to sail
would have had to be painted like q
barber pole In order to escape the tor
pedoes of the submarines
In defense of freedom and the
worlds liberty, America has In one
short year marshalled her resources TO
wonderful extent, and now at this
great crisis, when the supreme strug
sIes are being waged In Picardy and
our allies are crying for more men
and supplies, II IL our problem to
mobilize Americas might for the bat
tlefeld as quickly and effectively az
possible. The only way this can be
done IL through the Liberty Loan;
through the subscriptions which must
come from the rank and file OF the
people OF America,
Appealed TO Women.
Mr.. McAdoo spoke OF the fine work
that IL being done by the women of
the nation, and urged them on TO
greater efforts lie stressed the abso
lutte necessity for saving. both food
and materials OF clothing, that our
armies may be fed and our allies sup
piled. He insisted that the people OF
this country must learn TO sacrihce In
order that the war may be won.
I'VE must realize that we are really
In this war, and that war does mean
sacrifice" the secretary emphasized.
I'VE must learn In the second year
OF the war that we must not indulge
ourselves to the extent that we have
IN the past. We must purify our souls
and fortify our souls for this great
and mighty contest which Is now pro
cesding upon the battlefelds of Pi-
cardy. And the extent to which we do
that IL the extent to which we are go
Ing to help ourselves.
II have been told by some people
that the rate OF interest on Liberty
Bonds is too low, and, therefore, we
could not rely upon the patriotism OF
the American people to buy these
bonds. | have been urged to make
the rate OF interest higher than 1t Is
today. In order that the bonds might
sell more readily ! do not believe
my friends, that It is necessary to
raise the rate OF interest on the bonds
In order to sell them. do not believe
that the patriotism Of America Is ex
pressed In the rate of interest on q
Government Bond. | do not believe
that the American dollar Is a fugitive
and must be chased by high rates OF
interest when the governments credit
Ia back Of them.
Il want TO tell you, fellow-citizens.
because this is your problem, as well
az mine, that IL we do not all take
su intelligent stand now In favor OF
keeping the rate Of interest on gov
eminent bonds stabilized at Az pei
annum. unless we are willing to make
q fight to preserve the Governments
credit upon that basis, then It Is go
Ing to be the most unfortunate thins
that can possibly happen to the Amer
lean people. We have got TO make II
clear to every man, 10 every woman
and to every child who buys a govern
ment bond. that while 1t may be true
that they could invest their money II
something else that would pay larger
return, they can invest their money
in nothing else that Is so full Of blood
and necessity as a United States Gov
eminent Bond. II we do the wrons
thing at this time, II comes back e
you"
The response to Secretary McAdoo''
appeal In this territory has been i'm
mediate Wherever he appeared, thu
sales have been boosted to a wonder
ful extent. II Is now the duty of ev
cry man, woman and child in thu
Sixth district who reads his words t.
make his or her subscription withou
delay through the local Liberty LOAF
committee.
More than billion dollars OF Amer
lean agricultural exports were sold q