The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1918-04-26
NATION 5 PRESENT
CRISIS Requires
FULL DUTY OF ALL
SECRETARY McADoo POINTS OUT
THE OBJECT OF WAR SAVINGS
AND THIRD ll8ERTV LOAN.
LOAN CAMPAIGN INTENSIVE
The Work Of Neither War savings
Nor Loan Organizations Should
| De Permitted to Overlap.

Nor Loan Organizations Should
4 De Permitted to Overlap.
4 By WILLIAM G. .McADOO.
Secretary OF the Treasury.
To the Executives and Workers q
the Liberty Loan and War Savings
Campaigns:
AS the time for the opening of the
campaign for the Third Liberty Loan
approaches. 1t seems advisable to set
forth in a definite way . plan by
which the activities OF these two or
ganizations shall be brought into uni
son for the period Of this campaign.
The War Savings Organization
should have for it's primary object
the education of our one hundred mil
lion of people to the idea that at this
time of war and national crisis this
practice of thrift is not alone mat
ter of personal wisdom or advantage.
but is vitality necessary to the welfare
of the nation. The United States gov
! eminent, in its prosecution Of the war.
requires the use of the products or
labor to the extent of billions OF dol
lars per annum. while at the same
time it has been necessary to remove
from productive employment over one
! million five hundred thousand men
This demand for material cannot be
met IL the normal needs of our popu-
\ lation are continued. To q reduction
of these needs the chief activities OK
! the War Savings Organization should
be directed, and as a complement to
I this work the savings thus effected,
Il when translated into terms OF money.
I should be invested in u. 8. govern
ment securities.
On the other hand. the Liberty
! Loan Organizations are confrUnted
T. with a problem of raising within
short .space of time billions Of dollars
I to meet the immediate requirements
Of the Treasury Department. Insofar
I as these monetary requirements can
| be met out OF savings. the situation Is
! thereby benefited. but in any case the
money must be raised. and raised
! quickly. The campaign must there
fore be intensive and. while pointing
out the necessity OF self-denial In eX-
penditures. must be directed toward
amounts OF subscriptions as well as
numbers of subscribers. The needed
4 amount Unjust be raised. even though
present savings are not sufficient and
even though it becomes necessary to
! pledge future savings through the use
of credit facilities.
In the scoming Liberty Loan drive,
therefore, the War Savings Organixa-
ton should continue their efforts In
the formation Of War Savings SOcis-
] ties. educational work in the schools
and general thrift propaganda. ThsAr
] actual selling organization shonld.
4 however, be combined and co-ordinat-
ed with that Of the Liberty Loan Or
ganization to the end that during this
period sales of government securities.
both Liberty Loan Bonds and Wa
Savings Stamps, should be made In
the largest amounts possible to each
individual buyer. but the purchase OF
Liberty Loan Bonds rather than War
Savings Stamps should, during this
period. be the main object. To this
end, during this ,period. all donated
advertising spacel should be devoted
to Liberty Loan Offerings.
4 The first effortlof both the Liberty
! Loan and War Savings organizations
i during the coming drive should be to
4 selrLiberty Loan Bonds. and no mem
Der Of the War Savings Organization
should endeavortto divert a purchaser
of Liberty Loan Bonds to the pur
chase Of War Savings Stamps. On
the other hand. \there are persons who
are unable to buy Liberty Loan
Bonds. and all these persons should
be urged to buy'War Savings Stamps
With regard to partial payment sub
1 scriptions to Liberty Loan Bonds
these should be encouraged. bat where
employers of labor or others have
formed efficient War Savings Socie
ties which are actually obtaining sys
tematic and adequate subscriptions t.
War Savings Stamps this work should
not be interfered with by an endeavol
to supersede the War Savings Socfe
| ties by the introduction Of the partiA
! payment plan for subscriptions to Lib
erty Loan Bonds. Such War saving
/ Societies should make every pNAstAls
\ endeavor to promote the sale not enly
of War Savings Stamps but Liberty
Loan Bonds during the coming drive
The loyal army OF workers in botl
these organizations must realise tina
1 they are working for q common cause
though by different methods: tina
. each is q part OF tho Treasury Depart
ment force. and that each Is unde
RI Treasury Department control
FL Complete harmony and unity OF pul
: pose helps both organizations In th'
attainment Of the purpose Of each
/ the successful financing Of the va
J, on . sound basis. We must have com
Il plete and cordial cooperation betweel
) the two organizations. and am sur
! that may count upon every membe
/ OF each organization for that kind Q
, patriotic work.
81 ask that these suggestions be @,
] ! ried into effect both In letter and i
spirit
Seed Corn For Sale.