The daily banner. (Cambridge, Md.) 1897-2008, 1918-08-15
DISCUSS PLANS FOR
NEXT LIBERTY LOAN
County Chairmen Hear of New SH>-
tem-BankerS Hold Conference
Homerd p. Clark, of Minneapolis.
Explains The Many Advantages OF
The Allotment Plan.

The county chairmen of the Mary
land Liberty Loan Committee held
a very interesting and harmonious
conference at the Hotel Be1vedere.
Baltimore, yesterday afternoon, 20
counties being represented. The con
ference followed luncheon and was
presided over by Col. Harry B. Viii
cox. the general chairman of the
State committee.
The conference was called to dis
cuss plans for the conduct OF the
Fourth Liberty Loan Campaign.
which begins September %. Homer
p. Clark, of Minneapolis, On authorl-
ty on aggressive or intensive plans
for floating Liberty Loans, was pres
ent and addressed the conferencezln
support of the individual allotment
system and it was the sense of the
conference that this plan be adopted
or carried into effect by the counties,
acting independently, yet in coop
eratiye sense with eevry other county
in the State.
Following this conference there
was held at the Merchants Club a
meeting of the bankers of Baltimore
and a number from various parts of
the State, where the individual allot-
ment system was gone into more
fully. The bankers promised their
support to the Individual Allotment
Plan should it be adopted by the
Liberty Loan Committee.
The one idea predominating all
others is to float this Fourth Liberty
Loan in the quickest possible way at
the smallest possible cost.
Heretofore the spectacular features
introduced in the Liberty Loan Cam
paigns has called for too great an
outlay of money. 1t is commended
that under the individual allotment
plan the desired result can be attain
ed at a great saving of cost and also
Of time.
The individual allotment system
consists of ascertaining the income
and the financial standing of every
person in the community, so that
some idea may be obtained as to the
amount of Liberty Bonds he is able
to purchase. Accordingly, each per-
SON will be asked to subscribe to the
amount set forth by the Liberty Loan
Committee, and which amount will
be stipulated only after careful IN
vestigation
The apportionment or allotment
VIII be Maue upon UdsIs on property
value ascertained by court record. or.
rather. the individuals known finan-
cial ability to carry the amount of
the allotment, which is to be made
by the Liberty Loan Committee and
not by the bankers of the country, as
was recently fntimated by some.
While the campaign is not to be-
gin until September %, it is the pur-
pose of the State committee that the
foundation work for the floating OF
the fourth issue shall proceed at
once with all speed to the end that
within the allotted time, three weeks,
the loan may not only be fioated, but
Oversubscribed
A special effort will be made
among the farmers and laboring
masses throughout the country to
not only themselves subscribe, but
to make personal appeals to others.
Under the system, it is suggested a
man will be advised of the amount
of bonds allotted to him and given
one opportunity to avail himself of
the portion intended for him.
Colonel Wilcox, commenting upon
the floating of the Fourth Loan, re-
marked last evening that just as
the people now pay their taxes they
will come forward in the future
loans.
THE necessity for these is every