The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-27
PREMIUM FOR SMALL
BOND BUYERS?
II Is Suggested That $3.50 on 800
Would stimulate Subscriptions.

II Is Suggested That $3.50 on 800
Would Stimulate Subscriptions.
To THE EprroR OF THE SuN--sir.
have read all your editorials and articles
on the Liberty loans with much inter.
est, not only because OF the thorough
manner in which you have discussed
them, but because Of the great stress
which you place upon the Importance
Of all issues being owned by citizens
in small lots. You say. ANY scheme
that will encourage this 10 distinctly
in the public's interest" at also works
for the success Of the loan.
To-day all of US are thinking Of the
Fourth Liberty Loan and are deeply
concerned for It's success.s The amount
set to be subscribed, $4,000, 900. 900. 10
staggering 1t has no precedent In size
and no other country In the world IL
equal to such an emergency. A doubling
Of expenditures above last year has
called for . doubling Of amount needed,
ana this doubled amount calls for a
doubly energetic effort to obtain the
necessary response.
The deduction Is imperative that as
the last loan was subscribed to by 49,
| 100000 people. this one should and must
be subscribed to by at least double this
number. Setting aside big subscribers
Of whom Mr.. MeAdoo said on Tuesday
night. TT 10 preposterous to say that
there are only 22.boo in America able
to lend moro than $4,000 each to their
Government" Il In from the immense
number of small subscribers of this
democratic country that subscriptions
must coma.
Each OF tbe preced,nr losns brou4bt
subscribers TO thu nunnher ~ 4 400 600
5000. 900 and IL. 900 900 respectiyely. II
the fourth maintains this graduated
ratio the feat In Accumulated
hut let the sen,iment created nv n
continuously disappointing experiences Of
the three former loans bv leases sus.
| tanned and which now nerusate. the
mind Of the smal, subscr,be, be oor-
| rectsd.
In each Of the three loans II wa. re.
| lsntlesslv urred that ,he utmost h. ar
complished. Each vas subscribea IN NV
M rtioioa n.s in dsn.s ,,nor.nos a, hond
knowledge. tbs an. tbo,~bt ~ .ach .uh-
.crhsr h.ip. .,oo... sor ,on,,r,, u,,,.
b.,n1 os.,r.d =, tho h,n, ,,.,,,. eva
STABILITY of thu nation,s bona
IJnon compIs,,on NJ Zach i'm n tho nr,c.
,,m.a,a,.,,, ,.r and ,ho,,,ona, -, TO-
noron, d,s,,rhsa s,,h,or,h.,. .on,o.,-r..
from distress want ar an oy.r,.aIou.
.,h.cr,n,,or ~ I've. ,,,,, ~, ,h.,r 60,
heinp worked unon hv ,,rscr,,r,,ous MAO
n,o cola ,,.,- honS. a, Ice. mi,
wa. IN. n.ns,,v .,,oc,.a o. ...,, ., th.
,hras issue, w. or. ohor, 20 .rt.r
,,no,, ,h. .,,,r,. ,,an tel, ,.t. o-,,,,,.
.y,, ,nr.m.d,.d 7, ,o. ,-..,oa ,,,La.
verrnas, ro,,,otaro. ava s,,sr,o,or
with mi. cond,,,or .,,.,,ng ~. on,.r IN.
fo,rtb oo,,,,aior ,.or,,,,,v ,a,a,oonn.d
m. h.na,,a- s..,,a n. r.,,,o,.na
=, =, T., r,,,,h.,. 49, ..r.nn,. I'll, II.
w. .ho,,,a 80 "A ono am ,,,h...,h.r.
WIN nron.r No., .h,. r,,,,,,.r 30. -.
s,or,r,.a, -, ~. asto h,,sh,,.,. -, a
stah,,,,irr <,,va .o,,rIh,,,od 49,, 49,, -,
wea,,h vho oouId raoo,u. orsott,ne
rooon,n.,sa NJ nt,p,,,,al -, ~. Co..
eminent ar nv, both combined
Tbi. f,nd should h. Ann mn mn 70
e. oL nsr cant n, a mn ann non -r,,,s
81 nor cent ,n.t 10 90 IN on Zach s,oo
bond AVID &, ., m each s5o bon5 sbou,d
h. n p,,, and should hs al,owed n, the
initial noxmcnt NJ zach sphscrint,on and
condned n small s,bscrihers
mi. nla, will oohi.ya ,ba do,h,. rur
nosa ~ establishing the small bond IN
this extent and stimulating Inv the
strongest incentive subscriptions from
the small subscriber. who no, under