Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1918-08-01

of stock in Sioux City company.
Told by salesman that he could
make 2 per cent by getting rid OF the
bonds and that be was not doing
anything against the government
by turning the bonds in.
c. Citizen of Crawford county,
town of Charter Oak. 26 years
old. Glass four in the draft. Has
bought $3.50 worth of Liberty bonds
in three issues Traded them in on
the purchase of s3125 in stock in a
Sioux City company on the argu-
ment: They told me | would get
full value for my bonds and big
interest" In answer to the ques-
ton. would you prefer to buy
$4,000 worth of Liberty Bonds or
be put in Glass One of the draft?''
he replied, II would sooner buy the
Liberty bonds.
d. Citizen OF Crawford county.
town of Charter Oak 81 years old
Born in Germany Purchased $500
worth of Liberty Bonds in three is
sues. Traded in on purchase of
s3125 stock in Sioux City company
E. Citizen of Crawford county,
town of Charter Oak. 81 years old.
Born in America. Parents born in
Germany. Has purchased $4,000
worth of Liberty Bonds in three is
sues. Turned in $4,000 of these
on the purchase of S6250 worth of
stock in Sioux City company on the
argument that he could turn the
bonds and get 100 cents on the dol
lars for them and he figured that he
could make per cent better in
terest by doing so.
F. Citizen of Crawford county,
town of Charter Oak. 81 years old.
Born in Germany. Purchased $3.50
worth of Liberty bonds in three is
sues. Traded some in on a pur-
chase of $3125 in stock in a Sioux
City company on the argument that
in this way he could get 100 cents
on the dollar for his Liberty bonds.
This mans subscription to the Red
Cross amounts to IS, to the Y. NJ. C..
A. S. and he has purchased $50 in
War Saving Stamps.
The above cases are similar to a
great many others of which l have
knowledge in this district and I ask
that you Immediately call to the at
tention of the War Service Council
of your county the following facts
First that any man who bought
bonds in the First, Second and Third
Issues and traded same on stock pur-
chase purely as an investment. will
be expected in the Fourth Liberty
Loan to buy an equal amount in ad-
dition to his regular quota so as to
make up for the bonds he has traded
In other words, we must maintain
the amount of bonds held by the
citizens of this district at a certain
level II anyone sees fit to trade
these bonds for another investment
it is no more than fair that he shall
be asked \ to replace the amount
will be done on the Fourth Liberty
Loan Campaign
Second: Where q person has
made an Investment of so purely a
speculative character as purchasing
stock in new companies or enlarg-
ing at this time, 1t is only fair that
any note which the purchaser gives
as part payment for his specu-
lation shall not be taken or recog-
nized by the War Service Council as
liability when the quota Of the
Fourth Liberty Loan is being made
for this particular individual You
will note in the above cases that in
every case the purchaser of stock
bought from five to ten times as
much stock as he had purchased
Liberty bonds in the entire three is
sues. In other words. this very act
proves that it is most fair for the
Liberty Bond Committees to expect
them to purchase at length as many
bonds in the next issue as he has
invested in stocks since the last
bond issue.
Third: If every person who bought
bonds in tho previous issues had
done as the men above mentioned
have done, where would be from a
financial standpoint in the war
against the kaiser? I certainly have
no desire to interfere with the bust
ness Of any legitimate concern in
this district, but it might Just as well
be understood now as next October
that the money and credit Of the
people living in the Fifth District
should be ready for Uncle Sam when
he calls for it. consider it alb
solutely unpatriotic for anyone to
dispose of Liberty Bond unless it
Is necessary for him to do so.
ROBERT b. WALLACE.
Chm 5th Dist. 4th Liberty Loan.
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