The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1918-10-15
WANTED 100000
new CAPITALISTS
BY BOOTH HARRINGTON.

Nobody reads Liberty Loan articles,
or editorials, or advertisements any
more; so people are beginning to sayf;
and therefore, "What is the use of
writing themY
For my part, / am not quite sure
of the answer, yet | am sure enough
that these articles, editorials, para
graphs and advertisements must be
written. Writing them and printing
them is one Of the ways we have learn
ed to help sell the bonds, and besides
trying to learn new ways we must try
all the ways we already know; for the
bonds have got to be sold. And, per-
haps, though no one may read this
little Liberty Loan screed which l am
writing now, it may well be that when
it is in print number of people will
glance at 1t long enough to see that
it is about the new loan and be re-
minded once more that the bonds
have to be bought.
The eight billions to be taken for
taxes in 1919 will come out of the
pockets of people who went what they
thought was their limit on bonds, dur
ing the earlier sales, and then they
had four billions more to spend on
bonds than they will have under the
new taxes. That is to say, roughly,
the buyers Of bonds during the past
year will be four billions short of cash
to pay for bonds during the fourth and
fifth sales If they buy at the same rate
they did in the earlier sales. Either
they have to dig up four billions more
land multitudes Of them say they
can't) for taxes and bonds than they
did last year, or else new buyers have
TO he found. And if 1t is true that
the previous buyers did go their real
limit on bonds, heretofore, and must
now pay in taxes four billions which
they formerly put into bonds, then it
follows that the heaviest drive must
be made to find new buyers.
1t comes to this, of course the old
BUYERS must strain till they get their
previous limit stretched, and new buy
ers must be found, and found actually
BY the million and million. The new
BUYERS have to be found by the million
and million because they haven't as
much money as the old buyers had
The old buyers who aren't heavily lit
+ DIV the TAX Will Ut OH httiiN OuN tstC
/ new buyers are the people VINO must
make IN the deficit of the old buyers
| who can't buy as they did. The / b.
/ ertv Loan Driver who gets new buy
| err has a right to stop q minute and
/ feel comnlacent before he starts in
| again and gets another new one.
There's a cheering thing to think
! about in connection with this new
drive The richer people Cor those
! who used to bel are going to pay So
/ 900 900. 600 in Federal taxes iultca OF
/ 81. 1000, 100000 paid in 1913. II they had
/ that extra S4,000,000000 to i.ut INTO
i bonds instead of taxes, their future
incomes would be about $4,000 000,-
400 pleasanter every year. And Yet
we haven't heard any particular wall
going up from them about this II
/ really seems TO be true that under The
circumstances they're glad to pact
with the money in the way the Cow
eminent sees fit to take 1t. Tha 8
pretty fair behavior on their part. 10
| hand it over without a word of pr y
fest NV personal belief Is that they
wou'dnt protest If the Government
took everything they have, in order 10
win this war Yes, they're all right
| and everybody In the country Will hG
all right if this loan produces $1,000.
600 NEW BUYERS. There are ahan!
| 1G5, 100000 people in the United States
and there were about 1S,O00,00 buy
ers of bonds in the last Loan That's
why S7.0f NEW ones are needed