Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1918-10-14

Liberty loan. but they must do more
for the fourth Liberty Loan. Farm
ers have not yet sold their crops and
may not have the ready money to pay
for bonds Immediately. But they are
selling their crops right along and
will soon have the money to invest in
Liberty Bonds. Each and every farm
err in the United States should sub
scribe for Liberty Bonds now and pay
for them when he has sold his crops.
He can buy bonds on the installment
plan and the banks ought to carry the
farmers and every other class of our
people on their subscriptions until
they can pay them. The banks owe
it to the country to still further DEM
onstrate their patriotism by lending
money to all subscribers to Liberty
Bonds at the same rate of interest the
bonds bear. namely four and one
quarter per cent The banks can af-
ford to do this and it is their duty to
do this. We must not penalze the
patriotism of subscribers to Liberty
bonds by charging them higher rates
of interest than the government pays
them.
Buy Bonds on Time.
what I have said about the duty of
farmers to buy on the installment plan
applies to every class of our people,
rich and poor and of moderate means
alike. In the third Liberty Loan there
were 100000 subscribers to 81
600, 600, 600 of bonds. OF this vast
army. only 22.50O individuals and
corporations bought bonds in excess
of 10000. This shows that the third
Liberty Loan was subscribed more
largely by people of small than of
moderate and large means. This time
the well to do and rich people and
corporations must improve their rec
ord. They can do more than they did
in the third Liberty Loan and the
country expects them to do more.
They are just as patriotic as any other
class of our people. but they must give
a practical demonstration of it in the
fourth Liberty loan. Why should the
we'll to do and rich men and corpora
tons hesitate to buy bonds on the
installment plan. if they have not the
ready cash. when people of small
means are doing so.
"a few days ago | took the subscrip-
ton of the president of the United
States for 1000 of Liberty bonds on
the installment plan. The president.
the COMMUNICATIVE hief of the army
and navy, does not feel demeaned nv
buying Liberty Bons on the INSTALL
ment plan. He knows the Importance
of doing it and he knows that this war
cannot be financed unless people use
their credit as well as their savings
The president is going to pay for his
Liberty Bonds out of his salary as it
comes to him monthly and every
other man and woman and every 9TH
err corporation in the United States
should buy all the Liberty Bonds they
can, just as the president has done
and pay for them out of their salaries
or their incomes on the installment
plan.
counties, cities and school districts
throughout the country must realize
that it is the in the highest degree
duty of patriotism as well as a mat
ter of intelligent self-interest to in
vest their funds in Liberty Bonds.
Great sums of. money are accumulated
in this country for sinking funds.
A Word to Trustees.
THE same thing must be said Of
eseates and trust funds generally. Let
every trustee Of such funds awaken
g hts duty and promptly invest the
cuntinued on Pare Tvpa