Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1918-04-25
McADOO APPEALS To
FARMERS TO BUY BONDS
Twenty Million Subscribers Needed TIE
Make Third Liberty Lean
Complete Success

enemies!"
This is the message which Secretary
OF the Treasury McAdoo bore to the
people of the Sixth Federal Reserve
District in his tour of the district last
week in the interest of the third Lib
erty Bond campaign.
Speaking before thousands of people
in six cities of the Southeast, the Sec
rotary was cheered to the echo by his
immense audiences, as he told of the
needs of the government, the character
of the bonds, and made stirring plea
for every man, woman and child in
the district to get into this war which
is now being waged for their liberties,
If only by the purchase of the smallest
bond.
Mr.. McAdoo made it plain that with
out the aid of the farmers of the
South, of the merchants and profes.
sional men and all the laboTing classes.
the third loan would be a failure.
which would be worse than a GermaR
defeat.
The banks must perform their nee
essary functions and keep their furds
in liquid form to supply credits to the
Industries engaged in the manufacture
of munitions of war and in carrying
on the general business of the country,
and we must not take I'll the funds out
OIL these banks" he continued.
Want Twenty Million Buyers
DO you know, it would be 4 most
impressive thing if we could say t.
the Kaiser that not $500, 900 Ameli-
can citizens, as in the last loan, had
subscribed, but that this issue was
hN nfrr Ne
American citizens!"
In his speech, which rang from one
end Of the district to the other, the
head of the treasury traced the part
which America has played in her enc
year OF war; how she was forced into
the struggle against her wish, and
only took up arms after all her sacred
rights had been contravened by the
unprincipled Hun. He told how the
American flag was ordered off the high
seas by Berlin, and how the only Amer
lean ships that were allowed to sail
would have had to be painted like a
barber pole in order to escape the tor
pedoes Of the submarines.
In defense of freedom and the
worlds liberty, America has in one
short year marshalled her resources to
q wonderful extent, and now at this
great crisis, when the supreme strug-
giles are being waged in Picardy and
our allies are crying for more men
and supplies, it is our problem to
Americas might for the bat
tlefield as quickly and effectively as
possible The only way this can be
done is through the Liberty Loan
through the subscriptions which must
come from the rank and file OF the
people of America.
Appealed to Women.
Mr.. McAdoo spoke of the fine work !
that is being done by the women OF |
the nation, and urged them on to |
greater efforts. He stressed the abso- |
ute necessity for saving, both food |
and materials of clothing, that our |
armies may be fed and our allies sup |
)ied He insisted that the people of |
his country must learn to sacrifice in |
order that the war may be won.
I'VE must realize that we are really
n this war, and that war does mean
acrifce,' the secretary emphasized.
We must learn in the second year
If the war that we must not indulge
ourselves to the extent that we have
L the past. We must purify our souls
nd fortify our souls for this great
md mighty contest which is now pro-
eeding upon the battlefields Of Pr
ardy. And the extent to which we do
hat is the extent to which We are 60
ng to help ourselves.
~ have been told by some people
hat the rate of interest on Liberty
,onds is too low. and, therefore, we
ould not rely upSn the patriotism Of
he American people to buy these
onds. | have been urged to make
he rate of interest higher than II is
oday, in order that the bonds might
ell more readily. / do not believe,
ly friends, that 1t is necessary to
aise the. rate Of interest on the bonds
/ order to sell them. l do not believe
lat the patriotism Of America 10 ex-
resscd in the rate Of interest on a
oveFnment Bond. | do not believe
lat the American dollar is a fugitive
nd must be chased by high rates of
lterest when the governments credit
back of them.
81 want to tell you, fellow-citixens,
ecause this is your problem, as well I
J mine, that if we do not all take
4 intelligent stand now in favor of
eeping the rate of interest on gov
'nment bonds stabilized at ~ per
mum, unless we are willing to make
fight to preserve the Governments
edit upon that basis, then it is GO
q to be the most unfortunate thing |
lat can possibly happen to the Amer
an people. We have got to make 1t
ear to every man, to every woman,
I'd to every child who buys a govern u
ent bond, that while it may be true
at they could invest their money in 0
netting else that would pay larger
turn, they can invest their money =
nothing else that is so full OF blood :
i'd necessity as a United States Gov "
nment Bond. If we do the wrong
ing at this time, it comes back to
H."
The response to Secretary McAdoo's G
peal In this territory has been i'm :
ediate. Wherever he appeared, the n
les have been boosted to wonder G
extent. 1t is now the duty of ev- y
v man, woman and child in the g
xth district who reads his words to >,
AXE his or her subscription without -
lay through the local Liberty Loan Il
mmittee. h
More than billion dollars of Amer