The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1918-05-04
IL1|Oh's PRESENT
! CRISIS REQUIRES
!. FULL DUTY OF ALL
..esrYAaY MeADoo POINTS OUT
rus osJecT OF WAR SAVINGS
ANo THIRD LIBERTY LOAN.
,aAn CAMPAIGN INTENSIVE
=. wesk Of Neither War Savings
b.. Loan Organizations Should
h Permitted to Overlap.

=. WeFk OF NeteheP war savings
~, Loan Organizations Should
b Permitted to Overlap.
~ WILLIAM G. McADOO.
secretary OF the Treasury.
=. the Executives and Workers OF
,As Liberty Loan and War Savings
Campaigns:
1, the time for the opening OF the
...paisn for the Third Liberty Loan
.aoroaches, It seems advisable to set
,oth In a definite way plan BY
vhIch the activities Of these two cr-
unisstions shall be brought into uni
- for the period OF this campaign.
The War Savings Organization
ahculd have for its primary object
u. education of our one hundred mil
lion OF people to the idea that at this
tms Of war and national crisis the
sactice of thrift is not alone mat
h, Of personal wisdom or advantage.
INT Il vitality necessary to the welfare
Al The nation. The United States gov
snment In its prosecution Of the war.
rauIres the use Of the products OF
hboe to the extent Of billions Of dol
I'm per annum. while at the salns
tms Il has been necessary TO remove
hcm productive employment over one
hillon five hundred thousand men.
HI, demand for material cannot be
nst II the normal needs of our popu-
hton are continued. To reduction
I these needs the chief activities of
N War Savings Organization should
n directed, and as complement to
Als work the savings thus effected,
vAeu translated into terms Of money,
,Aould be invested In U. 8. govern
nsnt securities.
On the other hand, the Liberty
Ian Organizations are confronted
Mth 4 problem Of raising within q
lAort space Of time billions OF dollars
h meet the immediate requirements
\ 10 Treasury Department. Insofar
v these monetary requirements can
y met out Of savings, the situation is
Asfsby benefited, but in any case the
seaey must be raised, and raised
Satkly. The campaign must there
IN y intensive and, while pointing
- Tho necessity Of self.denial in ex-
lssdltures. must be directed toward
mounts Of subscriptions as we'll as
numbers Of subscribers. The needed
mount must be raised. even though
ksesat savings are not sufficient and
ne though It becomes necessary to
Wedge future savings through the use
7 credit facilities.
u the coming Liberty Loan drive.
eevsors. the War Savings Organixa.
csa should continue their efforts in
y 1fmat1on Of War Savings Socie-
~. sducatioAA work in the schools
- general thrift propaganda. Their
WA ssllinS organization should.
seveR. he combined and co-ordinat.
Mth that Of the Liberty Loan Or
saf1on 10 the end that during this
.!ed sales Of government securities.
= Liberty Loan Bonds and War
"ass Stamps, should be made in
y hseest amounts possible to each
H. SDv,auAl buyer. but the purchase of
se1 Loan Bonds ssthe~ than War
mes Stamps should. during this
.aod, Be the main object. To this
curing this period, all donated
s!isins spseo should be devoted
liberty Losa offerings.
.ae irst EFFORT Of both the Liberty
and War eavings organisations
the coming drive should be to
Liberty Loan Bonds. and no mem.
o. The wsr Savings Organization
us endeavor to divert a purchaser
A0erty Loan Bonds to the pur.
y OF War Savings Stamps. On
0'ner hand. there are persons who
81 unable to buy Liberty Loan
lsaus' and all these persons should
w.l sed 70 buy War Savings Stamps
..s. a regard to partial payment sub.
M.aons to Aberty Loan Bonds
~ snould be encouraged, but where
t.UO!ers Of labor or others have
N. efficient War Savings Socie
.s .u'cn are actually obtaining sys
~. NC and adequate subscriptions to
y. 1 !, savings Stamps this work should
n ~. ~ nterfersd with by an endeavol
n. Ss.sede the War Savings Socie
~ ne Introduction OF the partial
a. I'as plan for subscriptions to Lib
s,. IoAa Bonds. Such War Savings
nA..". . should make every possible
'or TO promote the sale not only
",s Savings Stamps but Liberty
4. Ioods during the coming drive
~ "sa army Of workers in botf
~sanisAtions must realize tina,
~. xs working for a common cause
oy different methods; that
-. part Of the Treasury Depart
'o'es, and that each = unde,
~ DEPARTMENT control.
~ psss harmony and unity Of pur
stt,,ps a"ps both organisations in tht
b. .a ent OF the purpose Of each
n oesstul financing of the wa,
~. '00nd basis. We must have com
Il, IS, snd cordial cooperation betwee,
o., 1O orsanisations. and I am sur,
\ ...a sy count upon every membel
A,6t..a organization for that kind o
~ \. =. mat these suggestions be car
| w. '0 erect both in letter and IL
=