Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-03-30
! LOCAL COMMENT

ASS<A" OSASAASAAAAS4 d
It was remarkable expression OF
interest in an institution built in the
town which men living upon the near
by farms gave this week when they
responded almost 100 per cent to the
debt raising campaign for the Y. M. c.
A. When farmer lads go wrong they
usually start in town and an institu-
ton which works night and day for
wholesome companionship in town ex-
tends it's influence far into the country
around. Our farmer neighbours recog-
nize this or thirty-two out of thirty
three seen would not have responded
to the call.
Those who feared that debt upon
a public institution could not be raised
in these times when war funds pressed
so thick and fast are now amazed to
learn that the drive went way over the
top by reason Of the loyalty Of the
first line trench troops who guaranteed
or underworld the enterprise and eY-
erybody Is now glad that the debt has
been provided for. It was really now
or never for this association. There
will be drive for a Y. w. c. A. build
ing as soon as the war ends. That
will tie the public spirited givers up
on pledges covering two or three years
and it may be several years before the
war ends. There was no prospect Of
an opportune time for this debt cam
that time the interest charge would
ho1 toll {oI ha ;of;
with fixed annual taxes which it could
not meet. Now 800 loyal citizens have
each done small bit and the Y. M. G.
A. is out of debt or will be when the
drive for the next public building be-
gins. Our house will be paid for be-
fore the next one is started.
&
In the next liberty loan drive the
district committee chairmen are given
authority by the government to require
men to do the necessary work but 1T
J will be an unused authority in this
( county for men will volunteer at the
first call and the county's quota of
bonds will be sold. The banks of the
one city of Marshantown have enough
more deposits now than they had a
year ago to pay for the whole countys
quota of bonds of this issue and the
other banks have more yet.
When the solicitors do go out people
should take the amounts Of bonds
which the township committees have
appraised as necessary to raise the
district quota If anything should
arise that would justify their changing
their order any reasonable adjustment
can be made at their bank, for there
w;i! be others who can, perhaps, take
more and now that these bonds are go
ing to yield a higher rate of interest
than time deposits there will be more
Of them purchased for investment pur-
poses. They will pay ~ per cent
They viii be free from local taxes OF
y Of one per cent which raises them
to the equivalent Of AZ per cent tax
able investment. Then they have the
government of the United States back
of them which is a blanket mortgage
on every farm and upon every mans
income In this nation. That makes
tho security millions of times stronger
than a mortEaxe on one farm.
z
The people Of this city and particul-
arly the wage working people are not
meeting their oblig atoms toward their
government in the purchase Of war
savings stamps to the extent required
to meet their allotment of 40 cents per
week for every person in town. Too
many people have the idea that this is
children's savings bank scheme when
it is liberty loan to the extent of two
billions put out on the installment plan
so that everybody can help finance the
war. Marshall county should have
sold $4,000 of war savings and thrift
stamps in three months whereas total
sales are only s99,592 and the one
township of Eden is now above its al
lotment for the entire year. The city
of Marshalltown has sold $4S,207 when
it should have sold $4,000. The gov
eminent is now asking for reports on
Marshalltown and it Is high time that
people were becoming 100 per cent in
war savings.