Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-05-05
American Billions for War

a MERICANS have splendidly emphasized
Z the spirit that inspires free people
forced to take up arms in defense OF a just
cause by the magnificent manner in which
they have responded to the financial needs
OF the government in heavily oversubscribng
the third Liberty loan for the support OF The
war. The exact figures OF the loan are not
yet available, but that il is more pronounced
success In point of subscription than
either of the two former loans is assured; and
its popularity with all classes in every sec
tion of the country is attested by a heavy
increase in the number Of participating sub
scribers for the bonds. Special effort was
made to place the bonds in the hands OF peo-
pie OF small means. TO avoid heavy drain
upon the banking capital needed to finance
the expanding business OF the country, and
the success which has attended this effort
has exceeded the most sanguine expectations
The final figures probably will show that the
bonds have been so placed as to equal all
average of one for each family in tho entire
country.
Especially gratifying is the fact that the
quotas for the Fifth Reserve District the
State OF Virginia and the city of Richmond
have all been largely ovcrsubscribcd sur
passing the splendid records made in the two
preceding issues. AS tho campaign pro-
crossed, the army OF workers, men. women
boys and girls, was inspired by zeal that
found constant renewing in the patriotic ic-
Spouse OF people i'll every walk OF life In
Willingness 10 make sacrifices to become tho
possessor of bond. and in that way do their
bit IN supporting the war that all recognize
must he fought to victorious conclusion, no
odds what the sacrifice required OF them.
II evidence had been wanting to convince
the world that the American people unitedly
are heart and soul back OF the government
in its determination 10 wage the war to a
finish in which the intolcrable spirit of mill
tary despotism in its lust for world domino
tion shall he completely and forever crushed
the enthusiasm and intelligent appreciation
with which they have responded to this loan
and put it over the top has furnished il
so abundantly that even the enemy must
stand amazed at its volume and find new
cause for apprehension in it's meaning If
our allies have ever doubted the spirit and
purpose OF the American people in this war
they can no longer be of doubtful mind in
the race OF this loan. On the contrary they
will be heartened by it and stimulated to
still greater sacrifice and effort in the fuller
realization it gives them ontestble proof
that their great Western ally with its un-
limited resources Of wealth and manhood has
nut Just begun to enter the struggle, and
that from now on its preponderant strength
will be hurled into the conflict without stint
and with cumulative force, until the hated
Zoe OF civilization shall be driven from every
root ~ territory he has invaded and be conf
pclled To sue for peace that will leave him
helpless for all time 10 como to challenge
the lew of RICH, in tho government OF lie
World. None may doubt that the spirit which
supported this loan is the spirit Of "A paople
who are fully alive TO the obligation that
rests upon them to save humanity from its
greatest menace. and will never faltcr in
mat purpose until the obligation has been
mot to its fullest requirements