The Covington leader. (Covington, Tenn.) 18??-current, 1918-09-26

| The Fourth Liberty loan camaign
lis to begin next Saturday, September
i28, and will continue for three inten-
sified, result-hunting, result-bringing
weeks.
The loan will be the greatest in his
tory, being for S6,000,0O0, and the
bonds win mature in 20 years, with
the government reserying the right
to pay them in Is years if it elects,
The st. Louis district, Of which Tip
ton county is a part, is called upon
to raise 4 1-S per cent of the total,
or $3.50, 100000.
Upton county's quota in this loan
has been fixed at $4,000. This is
the largest sum that she has yet
been called upon to raise in any one
drive with the exception Of the war
savings stamp campaign.
1t is anticipated that the raising Of
this sum will be no easy task. Cot
ton and other crops have come some
what short this year, and the people
are awaiting with fear and trembling
the action of the president in fixing
the price on cotton.
However, enough enthusiasm and
patriotism can put us over We have
the means, and our government needs
it. Unless we do come to the rescue,
our cause must fail.
Ten per cent Of the subscription
will be required as the initial pay
ment on the fourth loan. Twenty per
cent be due as installments November
q, December 19 and January 16. and
80 per cent January 30.
The interest rate will be 4 Ia per
cent, the same as that Of the third
loan, and the first interest payment
will be made next April Is and will
be for the 178 days intervening from
the date of issuance. Thereafter semi
annual payments win be October 15
and April Is. On a $50 bond the
first interest coupon will be worth
S1.01; on $500, $2.02, and higher null
tiples accordingly.
Both coupon and registered bonds
will be issued in denominations Of
$50, $500, $500, $1,000, $4,000, $780,
300 and 100000 bonds will be regis
tered only.
County Chairman j. H. Flippin, of
the loan committee. proposes that
5he county duplicate her action in
previous campaigns, in that she has
never yet failed to measure up to any
standard set for her by the govern
nent.
As in the last campaign, generalI
committees for the Is districts of
he county have been appointed to
ook after the interests of the loan,
The personnel Of the committees is as
'ollows:
District No.
w. M. Simonton, Maj. M. A. Walk
II, L.. P. Flippin, S. r. Shelton, Jr.,
;. B. Boyd, H. r. Rose, R. v. Down
ng, L. E, Greer, Judge r. B, Baptist.
J. N. Volz, John I. Garner, E. Il.
DR.. G. B. Gillespie, Col. VIM. |
sanford, Judge John Y. Peete, Rev. ].
\. Kelly, John Paine, Till Cooper, w.
1. Fredrickson, G. w. Beasley, L. j.
Taught. George Currin, P. H. Buford,
I. S. Maley, Alison Simonton, A. P.
Taylor, c. II. Simonton, w. V. Brin-
lie, I. L. BringIe, R.. w. Sanford,
'herrod Smith, F. R. Fisher, w. G.
Vinford, j.. H. Fortner, C. B. Simon
on, j. S. McClanahan, Rev. r. P.
Walker. E. H. McFadden, A. B. Cobb,
lev. +. Riley Davis, L. E. Gwinn, w.
I. Bailey, Robert Miller, L. 0. Bait
er, Rev. T. L. Hancock, Dr. Ed Wall,
. M. Morrison, v. L. Ogilvie, w. L.
Brown, B, S. Jameson, Finis Crunk,
!. G. Conan, E. w. Bringle, r. S.
w. A. Barrett, N. A. Naifeh,
G. Baddour, w. /. Shelton, j. R.
Iall, w. A, Daniels, j, H. McClel-