New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1918-03-20
COUNTY COMMITTEE
PLANS 1. ms LOAN DRIVE
BANQUI AND MEETINGS AT
WHICH CAMPAIGN Is
MAPPED OUT
BANKERS WILL AID BUT EACH
INDIVIDUAL MUST DO
HIS SHARE

INDIVIDUAL MUST DO
HIS SHARE
Saturday afternoon at meeting al
the bankers held at the Commercia
Club Rooms in this city and at meeting
held in the evening by the executive
committee and the various township
chairmen and secretaries the necessary
arrangements for the third Liberty Lnar
drive which is to be inaugurated April e
were perfected. The second Loan was
practically financed by the banks of the
country, each bank being asked to take
large share of the bonds and assisting
materially in disposing of the balancea
them.> In the placing Of the third Lear
the bankers are not called upon to TAKE
so active part as they did in the former
campaign.
Banks Proffer Assistance
In the afternoon meeting of the bankers
all banks were represented except the
Comfrey banks and they were excused
from attending because of poor tram
connections. The bankers decided to
help the executive committee along az
best they can and agree to finance meR
who want to borrow money for bonds
but have not the ready cash. This action
will make it easier to place the bonds
Committee Banquets
The evening meeting was held at 1856
This was preceded by a banquet at the
Dakota House at which all those whe
are to take an active part in the Liberty
Loan drive were present, to the number
of about eighty. The main speaker wac
Theodore Void, Governor Of the Fed
eral Reserve Bank Of this district. Ia
the absence Of HsE. Becker who was
suddenly called to Chicago, H. N. SomseE
the speaker and also presented
briefly the plan Of operations.
According to Mr.. Void, it is not
the desire of the Government to make
the Liberty Loan hardship on any ore
and it is not expected that those who are
are in straitened circumstances should
purchase Liberty Bonds but it is ex-
pected that all those who have enuf
worldly goods should purchase ae-
cording to their ability to buy. Those
who are not able to buy Liberty Bonds
are expected to purchase war savings
certificates and thrift stamps and IA
this way help the Government to finance
the war.
Allotment of Bonds
According to the plans as perfect&d
the Secretary of the Treasury via
determine the amount to be raised ia
each Federal District. The Governor
of each Federal Reserve Bank will make
the appointment for each state in his
district. AS soon as the apportionmeM
has been determined for the State 81
Minnesota, Arthur Robert Rogers, chair.
man Of the Liberty Loan committee oI
the 9th Federal Reserve District viii de-
eide how much each County is expected
to raise of the states apportionmentz
AS soon as it is known how much each
county is to furnish, the county execH
tive committee appo1tions this amount
among the different towns and individual
citizens and it is expected that the IN
dividual citizen will subscribe for the
amount allotted to him. If he consider
the allotment unfair, he has a right to
appeal to the county committee for re
dress.
The work of disposing Of bonds in the
various towns devolves upon the chair
man and a secretary in the first instance
but each town is again subdivided into
school districts and for each school
district there will be two representa-
whose duty it will be to sell the bonds 10
the people in their respective districts,
and in such amounts as have been de-
termined by the county committee,
Those who refuse to purchase bonds at
all or fail to buy the quota asked Of them
will be reported and blue cards viii be
used for that purpose which they VIII
be sent to the Federal Reserve Bank 81
was not stated in the meeting whether
the Government expects to take any
drastic measures where people ABSOLUTELY
refuse to purchase Liberty Bonds and
where it is plain that they are financially
able to do SO.
The Brown County executive com
smittee consistssof 81. L. Beecher, char
man, VIM G. Frank, Spring. field vice
chairman, Jos: Epple. New Uhn, secy-'
Henry Anderson, Hanska, 81. II. sssuzllll.zll
and wv. johnson, New Ulm, Rev