The diamond drill., 1918-04-20
WILL MEET
REQUIREMENTS
WITH ALPHA, ,AMASA AND PENT0GA
IT WILL co LOVER THE TOP"
TO SELL $13O,OOO IN BONDS
Committee Members Worked Hard
Placing Third Liberty Loan
Bonds With the People

Inc Liberty Loan drive started last
Monday morning with a vim that
promises a great measure OF sue
cess for IL all over the county. The
committees had all been lined up
ready TO drive forth when the clock
struck nine o'clock and simultaneous
ly in all parts of the county the
members OF the local committees
started out.
Ben G. Nicely who has charge OF
the east side OF the county had his
subcommittee all ready for action.
In Crystal Falls city Ira 0dgers had
charge OF the work and he and Mr..
Nicely worked in conjunction all of
the day Monday and part OF Tues
day.
Met Fine Response.
The committee members were well
satisfied with the response that they
met with everywhere. One member
in discussing the subject, said: "We
find that almost every person we ap-
proach takes Just as much OF the loan
as he can afford TO take. We found
an excellent response on the main
street of the city and In many cases
we thought that the subscriber was
L
There is money enough In this coun-
try to absorb these bonds without a
few doing more than their share, and
we don't expect anyone TO do more
than he ought 70 do. We do expect,
however, that a man or woman will
consider his or her resources and
income and purchase bonds in proper
tion TO that income.
Comparative Figures.
In last Sundays Chicago Tribune
appeared an answer TO an inquiry In
which the person attempted TO figure
out just what person ought to in
vest in Liberty Bonds. According 70
| that calculation every person should
adjust his purchases TO his income.
| For example, - was figured out that
a person with an income OF $1,000
should invest 10 per cent, or 800 per
year in Liberty Bonds. Those with
incomes OF from $4,000 10 $4,000
should invest IL per cent or from
$3.50 to $3.50 in Liberty Bonds per
year And so the scale Increased as
the income increased. the idea being
that the greater ones income is the
more bonds one should buy in proper
tion TO that income.
Inquiries from the different solicit.
ors for Liberty Bonds in the county
goes To show that the percentage Is
| somewhat exceeded by Iron county
purchasers as a rule Many of tho
workingmen are purchasing double
the amount prescribed by those fig
ures
This condition Is brought about
very much by the liberal policy pur.
sued by the mining companies and
the banks OF the county. Some OF tn,
mining companies go so far as tc
purchase bonds outright and sell
them on monthly payments 10 their
employees. the payments being takef
out of the monthly pay rolls, and nC
interest charged.
Mining Companies Help.
The total called for from Iror
county would not be secured were 4
not for the policy OF the mining com
panies doing business here to appor
tion certain amount OF their pur
chases to the communities i'm which
they do business. In this county eacl
one OF the companies that operate
mines here will subscribe to a certain
amount OF bonds in addition to those
subscribed In the name OF their em-
ployes. BY reason OF these subscrip.
tions which amount To- large sums Ia
the aggregate, this county can meet
the requirement whereas II the coun-
ty had TO depend upon the small sub.
scriptions made by the residents II
would be absolutely impossible "a
reach the goal.
The North Western railroad com
pany has changed its method this
time and will credit TO each commun-
ity the amount OF subscriptions made
by its employees. Heretofore many
large corporations have entered the
subscriptions made by their employees
at the place where their headquar-
ters are located.