The Robesonian., 1918-12-23
MIR. A. w. MCLEAN AT HOME

of Activities of War Finance Board
Since Armistice Was Signed-His
Time May Be Required in Wash
ington for Some Months Yet-Says
Postal Zone Law Will Be Repealed.
Mr. A. w. Mclean, director of the
War Finance corporation, came home
Friday morning and will leave to re-
turn to Washington tonight.
Asked as to effect of the armistice
upon the activities of the War Finance
corporation, Mr.. Mclean said:
Nv hile the act creating the cor
poration provides that new business
may be undertaken for a period up to
b months after peace is declared by
proclamation of the President, the
directors, having in mind that the act
was essentially war measure, sus-
pended making advances to such in
dustrles as munitions plants, ship
building companies, street railways,
power companies and others of SIM
liar character Immediately upon the
cessation of hostilities. The princi-
pal activities now engaging the at
tention Of the directors are lending
money to preserve breeding cattle in
the drought-stricken sections of the
Southwest, and some crop-moving
. loans, also large loans to railroads un-
, der government control. The latter
, will aggregate large sums.
''It is difficult to tell just now how
long this business will continue for
the reason that the duration of gov
ernment control of railroads is un-
+ certain"
: Asked as to how much longer his
presence will be required in Wash.
ington, Mr.. Mclean said:
81 cannot say definitely, but
: should think that all my time will be
0 required there for some months yet
) and after that may return home anC
? 2 make periodic visits to Washington
:, for the purpose of attending to th'
4 business of the corporation"
Mrs. Mclean and the family will
not return to Lumberton for the Chris
: mas holidays, as originally contem
# plated, but will remain in Washington
% Mr.. Mclean said that Capt. ]. Dick
# son Mclean will spend a few day
"a leave with them at their Washington
4 home His leave of absence is s.
q q short that he probably will not be abl
a to come to Lumberton. Capt. McLea
i is now at headquarters port of EN-
% barkation, New York.
~ Postal Zone Law Will Be Repealed.
Mr.. Mclean brings from Washing
h. ton the news that the postal zone sys
10 tenn applying to newspapers and per
.s odicals certainly will be repealed q
II part of the new revenue bill abor
"a ~ to BE enacted by Congress. Furtite
% % referring to this matter Mr.. McLea
= said:
30 81 have always considered the les
y islation as unwise, but in any ever
- it was a war emergency measul
g which should now be repealed. II
~. y. newspapers and periodicals are
|. important part Of our system of ge1
ne eral education and publicity and al
Il imperatively necessary in a gre;
democratic country like ours, whe
!. nuhGc orinion is the supreme for
ne back of all government. l believe tn
'lo any consideration Of the public Welfa
er- REQUIRES the most liberal treatment
0" these great agencies SO that they m;
om circulate freely and cheaply amo1
er, the masses Of the people. The pre-
Ter performs a most important pub
Old function in connection with all GO
SIS, ernment activities, as, for instan'
co the great publicity given to COVER
ia ment needs in time Of war and al
ire in peace times"