Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-09-25
FIX LIBERTY LOAN
MINIMUM AT SIX
BILLION DOLLARS
Secretary McAdoo Delivers
an Address Announcing
Issue in New York.
NEED THIS HUGE AMOUNT
TO LICK THE KAISER
Condemns Practice Of Swindlers
and Unpatriotic People
Who Induce Selling.
AMERICA MUST WIN THE WAR
Now Bonds Will Draw Interest at the
Rate OF -Four and a Quarter
Per Annum.
NEED THIS HUGE AMOUNT
TO LICK THE KAISER
AMERICA MUST WIN THE WAR

tCF ADnum.
NEW YORK, September 2i-Six bill
lion dollars Is the minimum amour,
which the people Of the United States
arc asked to subscribe for tho fourth
Liberty loan, according to an announce.
'ncnt by William @. McAdoo. Secrc-
tary of the Treasury. in "a stirrin, ad-
dress here tonight outlining tho gov
crnmcnt'S plan for the campaign, which
starts Saturday.
Fhe share allotted TO New York Fed
era! Reserve District Is sl.S0o 00o, 600,
or 80 per cent OF the greatest loan yc,
oneFcd. The loan. which will bear 4 IL
per cent interest. will run for twenty
years. maturing October 10. 1885. un.
ress iess the government should exercise its
.fSer rvSo e,a, rtght to redeem the bonds
asserting that. without this vast
sum. We cannot lick tho Kaiser" the
ssseretasy ,s made special appeal FOR
wealthy individuals. as returns from th~
third Liberty loan indicated that
wealthy corporations ana persons OF
menhurately with their abilities 10
help" He pointed out tha, OF the Is.-
96oo'9eo ,6' %, Americans who subscribed for
$4,000.
IT would be prepos,crous,' he said.
women AM corporations In America
able to lend more than 10000 cncn 70
'hsir MT sSMXs.amen, MsIsn. In IN Libe55y bonds.
practice OF 'swindl lers and unscrupuiou,
and unpatriotic people. VINO. contrary
10 the urgent request or the Treas
OF Liberty bonds TO exchange taem sor
stocks or investments or doub;fu.
value. lie pointed Gu. ,nat these
operations forced the Treasury to ony
the bonds thus thrown upon The ina
nst, IN order to protect ,=,c marxet
ana the credit OF the government
FOURTH LIBERTY LOAN
GREATEST EVER O+'F.:Ri:.,
Carnegie Han. Mr. McAdoo said: ''''
The fourth Liberty loan is tho
esifos Colossal {es SUM 9nG5ed in
great that It is difficult for the human
MIND 10 measure IT or to conceive of
us vast power when transmitted into
American might, and thrown into the
battle scales In France.
Se~ lork's allotment is SIsoo,-
loan. You have the privilege. the op-
portunity OF glorious service in con
nsction l.n.i, with this work 1t is no less
than actual fighting on the front al
though IL involves no similar measure
OF sacrifice. and carries with /; no COM
parable share of labor and suffering
While no one thing will win this
war. certain things are basic TO the
Importance. The Treasury OF the
United states is basic TO the war. There
is no activity of the government en-
gagged In war work. and there are few
activities of private enterprise en-
gagged in war work (which do not ulti-
mately transmit their requirements
into demands upon the United States
Treasury The Treasury must at all
times be prepared to meet those de-
mands which invariably take the form
OF money payments.
Unless the .Treasury is strong
enough t,,u TO- answer ;,'n every call instantly
tries Of the nation may be arrested or
slowed down. the vital prosperity of
tho people. may be impcriled. and the
may he graveiy reduced, with serious
possibilities OF disaster.
LIBERTY LOAN ARMY
IS Of GREAT IMPORTANCE
Our great national army OF Liberty
loan workers. composed of men and
women alike. spreading over every
state Of the Union and responding each
time to the call to tho colors is. there
portant OF ali the armies in the held
Tho United states asks the Ameri-
Liberty loan $4,000. .0o0. 900. This money
is needed to carry on the war We
cannot lick the Kaiser withou, it: We
cannot restore peace to the world and
establish Liberty and dcmocrarcy
without It.
America in this war are wholly. used
for destructive purposes. Great sums
arc used for constructive work which
will be of permanent value to the
American peoplc.
we are building a great merchant
marine. Upon completion. il will be
merchant fleet in the world. The
wharves and terminal facilities we are
constructing il, America for the ac-
are an essential part of il. our com
merce after the war will be facii-
tated by these great national under
takings, and the money used for these
purposes is an investment OF immeas-
urable value to the American people.
The loans to,thc allied governments are
tions who will in time repay them. Out
Of the 100000 100000 of appropriations
made by. the Congress for the fiscal
year 1919, IL is probable that SS. .0G0.-
600. 900 to $4,000. 400. 900 will represent
loans to the allied governments and ex-
psnditures for ships, shipyards.. docks;
be salvaged to the American people.
FOURTH LIBERTY LOAN ISSUE TO
BEAR FOUR AND a QUARTER
"The bonds Of the fourth Liberty loan
viii mature on October Is, 1855. unless ss
the United States should exercise It's
reserved right to redeem them on or
WHO should buy buy Liberty bonds?
Everybody. s
.'The laborinE mon and women, tho
salaried men and women Of tho coun-
try, and the people of moderate mea MS
and of large means particularly should
buy Liberty bonds.
Wages and salaries are higher in
America to-day than ever before In it's
history. Those who spend everything
they earn are not only living in FOOLS
paradiseShutth arc doing grievous in :
Jury to their country.
EVERY dollar saved now and invest
cd ain Liberty bonds will be worth much