Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1918-12-05
WAR LOAN BODIES
WILL COOPERATE
Governor Of Federal Reserve Bank
Calls on Banks and Liberty Loan
Organizations to Assist.
NOW HAS SUPERVISION OVER
BOTH ORGANIZATIONS.

West Virginia is to be called upon
To complete the purchase Of her quota
of War Savings Stamps in the PERIOD
between Thanksgiving and Chr1stI MAJ
1t is estimated that there is Slo,Ou,-
600 of this quota left unabsorpeu'
though pledges unredeemed are sun
cient to account for much or tInS-
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 10
he called upon to invest also
All the forces of the state are to De
conferred in this effort, the Liberty
Loan Committees joining their efforts
with those Of the War Savings Com
mittees in counties towns and as
tricts throughout the state.
By recent action OF the treasury
Department, taken at the request OF
the National War Savings Commit
fee. the Governor of the Federal Re-
serve Bank in each district is now
charged with general supervision over
all War Savings activities, and occu-
pies the same relation to that Work
that he does to the Liberty Loan work.
In this capacity George j. Seay,
Governor of the Federal Reserve
Bank at Richmond, has written to
every bank and trust company in the
State of West Virginia and to all
county 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
and trust companies he says:
"In cooperation with the War Say
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 fnll-
est extent In a final effort to be made
in West Virginia from Thanksgiving
to Christmas, to secure West Vr-
ginia's 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-
nifty to the fullest possible extent In
cooperation with the War Savings
Workers, as may be requested.
"The market for these War Savings
Stamps exists G) with the thousands
Of people in West Virginia who have
not bought as many as they should,
during the war, and (2) 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
20 come very great. Our people must
become increasingly nation of savers.
The splendid educational work al
ready done must be continued and still
further capitalized if America is to
play her full part in the world sftua-
ton Of today and Of the immediate
future.
ave shall greatly appreciate there
fore your aggressive and continued
efforts to sell War Savings Stamps to
enable West Virginia to attain as
early as possible her quota Of SIS, 4O3,-
o20."
The letter to Liberty Loan Chair
men says:
THE 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.
I'VE ask, therefore, that the Liberty
Loan workers in West Virginia viii
continue their already splendid serv-
ice by cooperating with the War Saw
ings Stamp organization in a stale
wide War Savings Stamp Drive,
Thanksgiving to Christmas. During
the Fourth Liberty Loan Campaign
Just closed. the War Savings organi-
nations co-operated with tho Liberty