The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1918-05-01

Washington, April 2S.-Oversub-
scription OF the $4,000, 900 minimum
OF the third Liberty loan now Is look
ed for during the campaigns final
week. about to start but treasury off,
cials declared tonight the $4,000, ,0OO,-
900 needed would be subscribed only
IL millions of citizens take shares of
the loan In the next six days.
1t Ia apparent that with about ST.
0O0.00O,000 definitely pledged, many
other subscriptions in the hands of the
campaign committees without the in
stallments, and a roll of 9,461, 900 in
dividual subscribers, the third war
credit is truly peoples loan."
But only the hardest kind of work
In the next six days will make possi-
bile approach Of the 10000, 900 sub
scribers goal asked for by Secretary
McAdoo." said the headquarters re-
view tonight.
When the second loan campaign
was three-fourths over, the treasury
estimated that possibly $2.250.O0 900
had besn subscribed although only
$1,33S. 100000 had been officially re-
ported as compared with the s2,2OO,-
100000 now officially tabulated for the
third loan. 1t is considered certain
that reports this week will include a
great number Of pledges from wealthy
men and corporations which hereto
fore have held of hoping for the gov
ernment to arrange a system of IN.
stallment payments for income and
excess profits taxes. Since this has
been definitely refused. they are ex-
pected to subscribe literally to Liberty
bonds. paying for them on the install
ment plan.
The loan Headquarters statement
tonight offered the comment that
Germany after three years of war.
recently fioated loan which averag-
ed one bond to every ten persons In
the empire and that it behoves the
country to 60 we'll above this average
The number OF subscribers and dis
tribution Of bonds by districts is
shown by the following federal re.
serve district reports:
Chicago 1900 900; New York, L.
$4,000: Kansas City $4,000; San
Francisco e62,1s7; st. Louis S7s,4s5.
Estimates of other district totals
are: Dallas and Cleveland $50, 900
each; Boston 523.456: Philadeiphia
and Minneapolis 100000 each; Rioh-
mond 100000. and Atlanta O0,0OO.
More small bonds are being sold In
this loan than were sold in the sec-
ond.
"One of the most potent factors In
the success OF the third loan to date
has been the splendid support given il
by the residents OF rural communi-
ties." said the treasury review.
Their record far surpasses those
they made in previous loans and the
farming element has set q buying pace
during the present campaign that has
fairly staggered urbanites who were
wont to say that The cities would have
10 finance the war. Never before in
any OF the three Liberty loans have
so many solicitors been in the field
as will step forth tomorrow morn
ing. All the regular statesmen. even
IN the districts that have attained
their quotas. have their books open
and eagerly soliciting every available
dollar In order to put the loan high
over the top. This number includes
women as well as men. To pick nm
the stray subscribers there are 42O.-
900 Boy Scout workers in the field"
Announcement was made today
that the navy's total subscriptions
were i'm excess of $4,000, 900, a record
OF more than $1.OOO.OOO a day since
1t entered the campaign. The ". s. s
New Orleans has just bought $4,000
In bonds by radis.
UNION TEAMS WIN DEBATE.