Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1918-12-05
WAR LOAN BODIES
WILL COOPERATE
Governor Of Federal Reserve Bank
n Calls on Banks and Liberty Loan
Organizations to Assist.
NOW HAS SUPERVISION OVER
BOTH ORGANIZATIONS.

! West Virginia is to be called upon
toNcomplete the purchase OF her quota
of War Savings Stamps in the period
between Thanksgiving and Christmas.
1t is estimated that there IS $lO00o,-
600 Of this quota left unaDsorped,
though pledges unredeemed are. sufn-
eient to account for much OF this.
Pledgemakers are to be called upon
to redeem their promises during the
period fixed for the drive and all 9TH
ers who have not purchased stamps
or bonds at all and those who have not
bought as many as they should, are to
be called upon to invest also.
All the forces of the state are to be
Z centered in this efort, the Liberty
Loan Committees joining their efforts
with those of the ar Savings Com
mittees in counties, towns and dis
rtrfcts throughout the state.
BY recent action of the Treasury
department, taken at the request OF
the National War Savings Commit.
zee. the Governor Of the Federal Re
serve Bank in each district is now
charged with genera supervision over
an War Savings activities, and occu-
pieS the same relation to that work
nat he does to the Liberty Loan work.
In this capacity George J. Seay,
t4oxernor of the Federal Reserve
Hnnk at Richmond. has written to
every bank and trust company in the
s0Aate of West Virginia and to all
oornty liberty loan chairmen in West
| virginia, calling upon them to take
part In the special drive between
thanksgiving and Christmas.
In the course of his letter to banks
?. T,f cznxr
N"In cooperation with the War Saw
ings organizations of West Virginia,
and in response to a request of the
state of War Savings Director for
West Virginia. we earnestly request
YOUR aid and cooperation to the full
est extent in final effort to be made
in West Virginia from Thanksgiving
to Christmas, to secure West Vir.
ginias quota in War Savings Stamps,
We ask that you recognize respon.
sibility for your institution in this
matter and that you push the sale OF
War Savings Stamps in your commu'
Laity to the fullest possible extent in
cooperation with the War Savings
Workers, as may be requested.
"The market for these War Savings
Stamps exists ~ with the thousands
of people in West Virginia who have
mot bought as many as they should
turing the war, and ~ with those
who, for one reason and another, have
not bought as many as they should
The financial needs of the govern
ment are and will be for some time
to come very great. Our people mus
become increasingly nation of savers
The splendid educational work al
ready done must be continued and still
further capitalized if America is ia
play her full part in the world situa'
tion of today and of the immediate
future
eve shall greatly appreciate there
fore your aggressive and continued
efforts to sell War Savings Stamps ia
enable West Virginia to attain as
early as possible her quota of $2S, 4O3,'
go"
kThe letter to Liberty Loan Chair
men says
s1The Governor of the Federal Re
serve Bank in this district is now
charged with general supervision over
all War Savings activities, occupying
The same relation to the War Savings
liberty Loan organizations. A closer
coordination of the two is being
sought to better finance the Govern
ment's needs growing out of the war
:. Eve, ask therefore, that. the Liberty
Loan workers in West Virginia will
continue their already Splendid serv
ice by cooperating with the War Saw
ings Stamp organization in a state
wide War Savings Stamp Drive
Thanksgiving to Christmas. Durini
the Fourth Liberty Loan Campaipi
inst closed, the War Savings orga
cations co-operated with the Libe