The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1918-04-08
ll! R1H! On
LOAN CAMPAIGN
Sc Intelligence Machine
Was IN Fine Working
Order.

q 4 -.
wAsHINGToS April s--Yaeai1ps
~ SS6rs pafhering and reporting the
,11Titons of subscriptions to the 4a9EQ
fI5ertyI oan was in smooth Wort<lps |
,rder. when the campaign openso
SsstTr8sy- Campaign organizers
80 perfected a system by w41c9
@5FscIntfons today viii be tapuI4Leo
~ eSeh federal reserve bank ton1BrE'
I,esSorted to Washington and MADE pup
~ Time tomorrow. Delays aro SP-
155o-Tfrnatfons of the first aud SECOND
ions VIII be avoided, 50 that me ma
Hon may know daily the exact PEos'
ress OF its big money drive the Gay
before. 900 ~.
principal. original collectors Of SID
scrpt4on reports, since soltcitlpg COL
mites in most localities senQ GoetI
I4ened applications OF subscribers 70
T3anks. At the end OF the day e2cn
fank. or a group Of local oanks viii
faIeraph its reports to the Liberty
Eoan branch Of the district federal re
tefye hank, and these in turn VIII re
Doft their POPULATIONS TO washington.
As an example Of the tremendous
laSk involved, loan directors point out
ff1st the New York federal reserve
hank has rented two entire flooFs IN
big Office building to accommodate
the accountants and CLERKS Eequtreo
4osmanage Liberty Loan roe1-ts'
This work accou1t= f7F .. are part
Of the expense Of 2st''er'r'S me ols
Sa4fonal credit. Another ia-se item OF
Expense Is the printing Of 93TsttlTlns
rosters and pamphlets. a the en-
Irving of the bonds. which has been
Tnder way at the government bureau
Of engraving and printing for months.
IN addition, there is a multitude OF MI
nor expenditures connected with ma
fional and district headquarters. de-
softe the liberal donations OF service
md materials by thousands OF patriot
AS compared with the usual or
ber cent, expense Of floating most prl-
vate securities issues. the ap2ropFia-
ton for selling the First Liberf% Losn
was 1-10 OF one per cent. or s. PVn' w.
ana the allowance for the second was
Is Of ore per cent or a ilttfe more
than $1,000. 900. Ali bills OF the past
loans have not yet been tahul;tea-
About ESQ workers OF the campaign
are naid. and others Of the 100000
volunteer bond salesmen give their
time free More tran 500 public
speakers have been engaged 20 preach
the merit Of the Third Loan. FiTe hun
bred are routed out of Washington.
and the others are directed by the
speakers' bureaus Of each Of the
twelve federal reserve districts.
The donations OF services and ma
terials for promotion Of the loan runs
into millions Of dollars value, cam
paiRn directors estimate. Printing
companies have discounted heavily
their accounts for loan posters and
pamphlets. Newspapers, press asso-.
Citations, signboard interests. music
publishers, phonograph record manu-
facturers and a host of others have
agreed to give their product to the
government without cost, or at less
Than their c&n expenses.
The Postoffice Department has in
Structed local offices to deliver adTer-
Using mail matter on the loan 10 farm
ers in every rural community. The
Department OF Agriculture also is u.s.
Ing its hundreds Of field agents as
Liberty Loan boosters. War Savings
committees will continue to sell
stamps and certificates since their
Eause Is essentially the same as that
of the Liberty Loans, and will cooper
ate In selling bonds.
Women throughout the nation have
been organized under the leadership of
Ehe Central Woman's Liberty Loan
committee at Washington, headed by
Mrs. William G. McAdoo, wife OF the
Secretary.
The active manager Of the whole
eampaign is Lewis B. Franklin. the
TTeasurys director Of war loan or
ganization. Frank B. Wilson is direc-
tor of publicity. and Charles F. Hor-
ner is manager Of the speakers bu-
reau-