Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-10-15
BANKS Asked TO LOAN
CASH TO BOND BUYERS
Seay Urges Institutions to Take Ger.
tifcatcs as Security at THOR
Interest Rate.
WOULD ACT AS srIMULAN1
Influenza Epidemic Has Wrought
Havoc Among Bank Workers and
Liberty Loan Committees Through
out Entire Fifth District.

Governor George j. Seay, OF the Fifth
Federal Reserve Bank of Richmond,
last night sent out a request to all
banking institutions In the Fifth Dis
trirt asking them to loan money to
subscribers at bond interest rates for
bonds as securities, in order to stimu-
late the fourth Liberty loan. MIR. Seay
POINTED out in Il statement issued last
night that subscriptions reported are
less than so per cent of the quota for
the district.
"Telesrams and letters received by
Fifth District. in response to urgent
eo on, n, sent gu, Saturday"
previously sent in by banks did not tell
the whole story; that the influenza cpl
demic has been more serious factor
the illness of Liberty loan workers and
bank employees. with consequent dis
rupting of committee organizations, in
doubled efforts are being put forth in
The remaining days OF the campaign to
put the loan over the top.
While these messages are very en-
couraging, the fact remains that the
district still has long way to go to
attain its quota.
FIFTH DISTRICT REPORTS
mtCH LESS THAN REQUIRED
To revert TO the bank reports. which
are are me ne, only otl i;, reports We have.
was. for the Fifth district. si23.2sa, 100.
an increase of sIS,SsO.a5o over the pre-,
c ,,g day. But this total is still less
district. and for the remaining days OF
the campaisn the asSyerage daily sub
district TO attain its goal
Il am sending the following tcle-
E s.;a,n 'S0iniEht to every bank in the
p padth DISTINCT n,i, -, SomethinE mere is
, every bank TO lend bond buyers with
bonds as security at bond rate for first
ninety days. and urge. member banks
at same rate Federal Reserve Bank
viii handle at per cent. Let us all
pull together Tor our country and
In previous l5ans the district has
met The demands OF our country by
were called upon For the first three
loans this district subscribed one-haif
I again as much as our Quota. For our
! boys and all the issues of justice and
morality now in the crisis, lie, us not
saii. when victory is in sight, although
/ our record unblemiShed.
/ WORLD WILL PASS VERDICT
ON DESERTERS AT HOME
After this great and terrible con-
| when they walk before us manned,
halt and blind. when they. make us
lions through which they have passed,
and with the incredible horrors and
, cruelt!cs of this war. the agonies and
/ crimes which accompanied il, then the
, WORLD VIII pass its verdict upon the
moral deserters. those who have no,
done what they could. according TO
their means and opportunity to aid i'm
this fight, the like OF which never hn $
been. and in which we must have VIC
f.! tory. complete in order that the like
may never be again. There could be
no victory without the loan.
If the general public. particularly
those VINO until now have not realized.
n - IA In IL.
urgency of subscribing to their limit
II these people will hut match the
splendid fighting spirit OF our boys and
the undaunted enthusiasm of our com
mittce workers, the goal is assured"