El Paso herald. (El Paso, Tex.) 1901-1931, 1918-04-06
THIRD LOAN CAMPAIGN BEGINS:T
DON'T WAIT; BUY BONDS NOW


TIE campaign Tor the third Liberty loan is opening
Ire issue IS TO be s8o0oO0oOO0 bonds Of the Gus
t1zrV denominations bearing ~ percent interest,
turing in fe2s- The campaign win be short Everyone
1t bay. He OF she must not step with 500 bond if
szC1iiice make possible two 500 bonds OF $500
t1n5. not ores hit but ones best is the need
This bond Issue needs no long campaigning nor VII
any hereafter The work Of education has been done in
Two which have preceded. Either viii buy and
help gz tie war or one VII not The need FOR time IS
tr7ecils INST 70 permit people 20 make financial ar
-augmnts 70 buy second to allow patriotic committees
make the1 rounds Of solicitation and third to give
banks 40 opportunity 70 finance BOND purchases ana taoa-
late IRE purchases made through their institutions.
Lauy o. the farseaIng, knowing that another bond
Issue coming have prepared for it By establishing
SEATED With reservations. 1t is good way only
+ 81 ~ ne-uIe practice il If everyone did # bs
banks Hould be crippled by the sudden withdrawal Of
Of money which would be very large IN the aggre-
gate For that reason banks much prefer that many
dgFls and the balance saved out Of current earnings
thus the drain IS gradual and the OUTGOING money is
li-lel1a--ncea 1y me incoming money -he banks are
20 a--e-ly slll4sl o. cesny ana II customer needs
60 day loan extension renewal Of his paper the
bank e n g position 70 consider him
BIT 70 natter how one finances it, whether By saving
ahead, drawing the ordinary checking account, buy
irE j. insensrts the thing to buy. Il may not
easy and WHIT with county and city taxes lust paid
E1s coming due and income and excess profits looming
p H few 3uLhs-Eht after the Liberty loan campaign,
fact But natter If the wiz IS there, the way VIII
p Raso whose income Is small who IS supporting his
family and psuE for home by the exercise Of very great
Ell mas LlleELy 1o1QG OF the IIrEr TWO
e- and var savings certltcae n which the big s.
stamps becoming numerous. when he can 90 that
uuch 10 help lis country fight his fathers fatherand,
er people po1r "a purse can be rh i1 patriotism, and
hoss of amplsr should blush at tie thought
o. e7a5inz duty.
This third Biberty loan is not large. Il had been
thought $500 600 would be needed but unfortunately
the bulk Of contracts far behind schedule
hzt the money IS not yet required for payment If the
contracts Rad been Up 20 the program, this loan would
hsrs cone month OF two sooner and would have been
f1r s5D00c00O00 or more
B1t fact thst the smaller is designated
Goes not signify for anyone to hold off and let
1hsrs bear the load The Obligation rests equally all
ard the privilege Of helping carry the nations is
not % Be dis1egdrded.
MorseTsr. there is to be ps=ng down thers is an
lsrs1bscrr0n If the subscriptions to S500000OO0o
uhateTar sum- an VII be accepted because the time vii
-1me when all VII Be needed.
The Liberty loan CAMPAIGN wiz be lively. Secretary Of
The treasury william C. McAdoo and VII r. Hays chair
Of the Republican national executive committee wiz
address meetings ia 81 Paso. There VIII be Liberty loan
1usrs and various demonstrations But what wiz count