Tombstone epitaph. (Tombstone, Ariz.) 1887-current, 1918-04-28
now MUCH eoNos
EACH SHOULD BUY

daily and replied to In a thousanu
different ways.
The need Of some guide. some rule
on the subject has been felt by prac-
tically everyone.
Mr.. Seward Prosser. president OF
the Bankers Trust Company OF New
work. has endeavored to supply the
want Calling to his assistance some
of the c.everest financial brains OF
the country he puts forth approx
mate figures based upon national
statistics of undoubted reliability.
Presenting that we must raise fif'
teen billion dollars during the next
twelve months to conduct the war the
following figures show how We must
do II. Customs excise and indirect
taxation will yield one and one-half
billions dollars. corporations assess
ed on their wealth should provide by
taxation and subscription to gov
eminent loans two and three-quart-
er billions. The banks Of the coun-
;ry may well be asked TO carry
bonds for themselves and their Gus
toners 10 the value OF three and one
half billion dollars. This leaves
balance OF seven and one-quar:er
billion dollars to be actually saved
and bonded over to the government
for war purposes during the coming
year. by the ordinary individuals
comprising the general public whose
| incomes range from eight hundred
| dollars to five million dollars yearly.
Seeing that eighty.five per cent Of
US earn less than ten thousand dol
I, lars yearly the figures relating to
this class interest US all most closely.
The actuaries and experts who
worked on the problem have come
/ to the conclusion that a family with
an income of two thousand dollars
yearly must save and bond over to
the government yearly about two
hundred and seventy dollars. A
family earning five thousand dollars
must save one thousand one hundred
and twenty dollars. One earning ten
thousand dollars must save -four
thousand dollars and one having an
income of twenty thousand dollars
must put aside nine thousand dol
lars. The citizens referred may de
duct from the amounts mentioned
the personal tax they pay to the
government and the net balance is
the amount they should actually pay
out during the year for Liberty
bonds. If they wish to do their share
Amounts paid out as installments
with amount Of bonds signed uI
for"
The three and one-hah billion dol
L l.. h-s~ saA hx- tt, h1ra lie -,
der the suggested scheme must event
ua,ly be absorbed by the individual
In other words ]; is our duty TO pay
out the sans mentioned as due from
as according to our financial ability
and to undertake during the year tc
mortgage our next years resources
to the extent Of about fifty per cent
of the amount actually paid out.
A booklet has been published en-
titled What is My Share of the Co.'S
Of the War;" which goes into the
matter in detail. The Federal Re
serve Bank at Dallas hopes to re
ceive a supply of these for distri
button. The figures will come as &
shock to many who have believed
hitherto that they were doing theil
share. and will provide food fol
thought for those who have salvet
their conscience with a small sub
.scription.
Not only are they brought face t.
face with their duty. but the fact.
are now brought home to their fel
lowmen. While the oficials of this
bank cannot vouch for the exactnes.
Of these calculations referred to. yet
they seem to represent an homes,
and very intelligent attempt to pro
vide fair basis on which to work
Have you lived up to your respon
sibilites?
Your conscience and your fellow
men await your reply.
J. W. HOPES,
| Federal Re~erve Rank