Arizona republican., 1918-03-18

lines of business to serve, sustain and uphold all our resources. many would be surprised. l know when you realize just what the government wants you will do it with enthusiasm. Two or three things happened recently that shows how effectively banks may serve their country. The secretary of the treasury. anticipating the need of the next loan. requested the banks to set apart certain per cent of their de- posits towards the carrying of the next loan of some five billion dollars. The request was promptly complied with, as money was needed it was supplied from the east whenever requested 1nd as the bonds are taken, the funds will be supplied without interfering with the orderly process of business. If peo- pie knew all the work we were doing in keeping the great gold supply of the United States at home, they would req lize the service we are rendering. We can have no business expansion after the war unless we conserve our supply of gold. Persons having gold in this country should not send it abroad. Uncle Sam says we will keep the gold at home. Agents abroad will find it difficult indeed to get any more gold from America.
 lOu all hlOW IHe story or BOlO Pasha; how he worked corruption and used our own gold for our undoing. Now when Mir. Chiiaman or other for eigner comes to us and wants gold to send out of the country, we analyze it and find out his real purpose. In this way we protect the nation. Again, if man gets a draft from abroad, we as certain carefully from whence it came and for what purpose 1t is to be used Another angle that is interesting is the mobile and easy manner of collecting and distributing the resources of the country through the Federal Reserve Banks. in order to meet promptly the needs of the government.
 We have so arranged to meet this need of government that when the next three and half billions is wanted 1t will be in easy reach. As it is ar- ranged now. any bank can take these subscriptions. It is up to you men to pack us up with every ounce of vigor and vim. You are doing a splendid work and as Dr. Wilkinson says, we do | not see anyone falling back. It is being carefully and methodically worked out. As Dr. Perry well said, we are really saving our own skins. With conserva- tion of resources, Liberty Loans Thrift Stamps and continuous and efficient work, we will win the war over there. If 1t comes here, neither your bonds nor your money will save you. Let us remember this and end it over there.'"
 At the close of MT. Thompson's re- marks. Chairman Welch said, People must not depend upon the banks to fi- nance this war of our previous savings These savings have been largely ab- sorbed in purchasing securities of our allies at the beginning of the war. We thought that new loans should be fi- nanced from current savings. No time to talk about crippling business" We must make war our business or pretty soon it will be our whole business. think that the war will be won when everyone gets the spirit of the war. Nc use standing criticising the president or somebody about something you don't understand. No use to talk about your savings; saving will not win the wal alone, but work; get your friends to- gether. compare notes, work together and fight together if necessary"
 Dr. Wilkinson said he was grateful tc the speakers for the splendid service rendered on this occasion. He advised all to live plainly and work intelli gently. He said that one great indus try of the Salt River Valley, one that was at the very foundation of our pros perity was being stabbed to the heart by the eXigencies of war. That is the dairy industry. He then announced that MT. Lenoir, AcrEpetent authority familiar with the needs of this great industry in this valley. would addres. the meeting next Saturday.