Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1918-09-27
MCAdoo in Speech at New York
Says Issue win Bear
q Ia Per Cent.
URGES ALL TO BUY BONDS
Secretary Says We Cannot Lick the
Kaiser Unless We Back Up PERISH
ing and Our Boys in
France.

New York, Sept. 26.-Six billion dol.
lars is the minimum amount which the
people of the United States are asked
TO subscribe for the fourth Liberty
loan, according TO an announcement by
William q. McAdoo, secretary of the
treasury. in an address here on Tues
day night outlining the governments s
plan for the campaign. which starts
next Saturday.
The share allotted to the New York
federal reserve district Is $1,S00, ,0O0,-
600, or 80 per cent of the loan. The
share allotted to the Chicago district
Is IAN per cent or $S70,000.00O. The
Boston and Philadelphia quotas are
$500, 100000 each and Cleveland Is to
raise $6O0.000,OO0.
The loan, which will bear Az per
cent interest, will run for 20 years, ma
turing October 10. 1898, unless the gov-
ernment should exercise its reserved
right to redeem the bonds on or after
October Is, 1888.
Asserting that. without the vast
sum 1--WE cannot lick the kaiser Mr..
McAdoo made special appeal for the
subscriptions of corporations auc
wealthy individuals. as returns from
the third Liberty loan indicated that
wealthy corporations and persons of
large means had not responded com
mensurately with their abilities 10
help"
| IIa noipto1 o,,t t,,.,, 80 ,bo 20 nn! aAa
/ Americans who subscribed for the last
loan, only 22,500 including corpora
| tlons. bought bonds In excess OF $lO.-
600.
1T would be preposterous," he said,
ito say that there are only 22,500 men,
women and corporations In America
able to lend more than $4,000 each to
their government In Liberty bonds.
Applauded by crowd which filled
Carnegie hail. Mr.. McAdoo said, in
part:
'The treasury of the United States
asks the American people to subscribe
to the fourth Liberty loan, $6000,000,-
| 900. This money Is needed to carry on
the war. We cannot lick the kaiser
without 1t. We cannot restore peace
to the world and re-establish liberty
and democracy without It.
"We are building great merchant
marine. Upon completion 1t will be
the largest, most efficient and modern
merchant fleet in the world. The
money used for this purpose is an In
stf l.I vol A., ha
American people"
Asserting that everybody should
buy bonds" Mr.. McAdoo continued:
Il was asked not long ago what ar
guments could be made for the fourth
Liberty loan. | replied Immediately.
'Pershlng and our heroes In France
No other argument Is necessary.
What we must do In America Is TO
keep the pressure high. Now that we
have the kaiser and his brutal hor'ies
on the run, let us not relax effort but
intensity effort. Keep hitting hard
and smashing harder. That Is the way
20 win surely and quickly. That Is the
way 10 eliminate the Rhine; that is
the way to open an American parade
on Inter den Linden.
mo man can shirk his duty without
incurring the just apprehension of pub
lie opinion The acid test will be ap-
piled and the shirker, whether from
military service or In the Geld Of labor
or In the ranks Of the wealthy, will be
una le to withstand the finger of scorn
which VIII be unerringIy pointed at
him."