Cleveland County herald., 1918-10-24
WAR STAMPS SALE i 7QbE QUE I UNTIL 7 JUAN |S FINISHED ? i1D
THRIFT CAMPAIGN IS TAKEN
 0VER " FEDERAL RESERVE BANk,;EIeHT DISTRICT.
BONDS TO HAVE PRECEDENCE
statement of Rolia Wells Explains How Sales Forces VIII v Operate.

OFFICIAL communication from the treasury Department, Washington. D. C, was received In St Louis that the Federal Reserve Bank has assumed te dictatorship in the War Savings campaign. The instructions indicate that the entiSs War Savings issue is to be hereafter conducted under the ju- rlsd1ction of the Federal Reserve banks in behalf of the United States Treasury Department. This action was made necessary because of the resig- nation of F. A. Vanderlip as chair,naf, of the National War Savings 0sgafliii;aaasa tion. .-~E'esa esfet'i7s7-
 Haa; R9sla Wells, soXcfnor of the Feaefal ReSerge Bank of St, Leuis. in 1 ap Interview WedGesday, state~ '' he had received definit- that from Washin~tss instructions ecf'' .on to take charge of all
 tues in the sale Of Thrift Stamps and War Savings Certificates in the Eighth Federal Reserve District. Th, will necesstate considerable reorgani- Zation to conform with the geographi- cal lines of the Eighth District. Here tofore the Thrift Stamp and War Sav- !ngs campaign has been carried on through state directors, without regard tu the geographical lines of tie dis. trict.
 Fourth Loan Supersedes War Savings.
 MT. Wells stated that 1t was too early to announce definite plans, but that the work of reorganization will be taken up at the close of the Fourth Liberty Loan campaign. He further stated, however, that 1t is absolutely necessary that any aggressive selling campaign of War Savings Certificates cease from nov until after the close of the Fourth Liberty Loan campaign
 The War Savings county and city organizations are requested to cooper ate with the Liberty Loan Organiza- tion, in order that the campaign may be successful and that there may be no confusion in the two selling move ments. Advertisements, public meet irgs and all campaigns for the aggres- sive sale of War Savings Certificates must be discontinued temporarily, in
 
 employed In the sale of Liberty Bonds. Ip fact, hereafter the two organiza- | tions will be closely related under one leadership.
 MT Wells stated that at the earliest possible date due notice of his juris- l dictioa will be given to all War Sav- 1ngs workers, but requests in the in- terim that this statement be given due publicity in the Eighth Federal Re serve District and be accepted as his official statement.
 Cooperation Assured. The state, county and city chairmen of the War Savings organizations have been exceedingly helpful in instilling in the minds of the people the ne- cessity of saving for the benefit of our l nation. A tremendous amount of these securities have been sold, and the | leaders of the War Savings Organiza- iion are deserving of great praise It is hoped that in the reorganization the good work will continue and that the services of a large part of this or gAnizatioa may again be available.
 Mr. Wells was asked if this ,aoant ttat no Thrift Stamps or War Savings Certificates would be for sale during the Liberty Loan campaign.
 "Emphatically ne," replied MT Wells Thrift Stamps and War Say iEgs Stamps can be purchased as here tofore, but all public solicitation mus cease during the conduct of the Lib erty Loan campaign The importance ci the sale of Fourth Liberty Loar Honds cannot be too strongly empha e.zed. Six billion dollars for our na ! ticn is tremendous sum of money and s250,0Q0,ea0 for the people of th, tisnth Federal Reserve District is eoirespondingly heavy loan. Success can only come through the co-opera ton of all. It is therefore vitally nee essary that there should be but on. aggressive campaign during the periot of the Fourth Liberty Loan. The great CT need of our nation must take prece dence"
 l.. WCT0RIES