The Morgan City daily review. (Morgan City, La.) 1916-1920, 1919-04-17
Local Liberty Loan Com
mittee Outlines Plans
For Conducting
Drive
Workers Confer at City Hall on
Ways and Means for Put
ting Morgan City Over
the Top

A meeting of the Morgan City Lib
erty Loan Committee was held III the
City Hall last night Mr.. F. D. VIM
chester, the local chairman for the
drive. presided Plans were discuss
ed for successfully carrying out the
drive in Morgan City. Mr.. Winches-
ter explained the details of the loan
to the committeeman, and said that
with Morgan City's quota smaller
in amount than for the previous loan.
the city should return a ful! subscrip-
tion.
"Our allotment is u per cent Of
the parish quota" he said, which
gives US s133,65O of bonds to be sold
in Morgan City and immediate vie
cinity."
Mr.. Winchester stated to the CONF
mittee that it was the intention OF
the treasury department to give the
ladies of the United States credit for
half of the bonds sold during this
drive. They have shown their will
ingness to back the government, and
have never failed when called upon,
even though they could not go into
the trenches For that reason, the
government wanted the ladies to par
ticipate in the Fifth Liberty Loan
campaign. The chairman then in
structed Mrs. Paul Kurzweg. the
ladies' committee chairman for Nor
gan City, to appoint assistants to
work with her in conducting the
drive and canvassing for purchasers.
Mrs. E. A. Pharr is chairman of the
Woman's Committee for the parish,
and will assist Mrs. Kurzweg.
"There is no doubt but that we will
have to work harder than ever be-
FORE" said Mr.. Winchester. ito make
the drive success and hold up our
reputation for 100 per cent respons-
es to our governments demands for
aid. However, we should not forget
the fact that this bond issue offers
! an unusually attractive investment.
inasmuch as it is but for period of
| four years, and will bear 4 3-4 per
cent interest, which is one half Of
one per cent more than any of the
previous bonds.
Then, too. the matter of buying
bonds through patriotism will have
, to be stressed. because we owe it tn
our country There is but little pos
sibility that these bonds will ever
go below par, for the reason that
| they bear such an attractive rate of
| interest"
Mr.. Winchester stressed the inn
portance of advertising the loan IN
every possible manner. The impor-
tance of advertising the loan in the
papers was emphasized. and it was
ksuggested that citizens and othe,s do
all in their power 80 keep the d',v-
| before the people.
Father Souby of the Catholic
Church, Rev. Miller of the Metho-
| dist Church and Rev. Mclean cf the
Presbyterian Church were present,
and agreed to deliver a short talk at
the Sunday services. 1t was decided
that speakers would be asked to come
here to talk at the theatres and also
at the shipyard.
1t was decided that the three bank
ers on the committee, Messrs VIM
! chester, Hood and Fisher, would So
lictt subscriptions from their patrons
proportion to their resources, and
nNine V 1 their past subscriptions.
The terms of payment are made easy
| and reasonable, SO that even the
| smallest salaried man can afford to
invest in liberty bonds, and thereby
effect means of putting aside mon-
ey that would be spent otherwise.
| The terms are at the rate Of $500
down for every 5000 bond, and the
balance in small payments weekly or
monthly.
The work of putting up posters in
the city will start today. under direc-
tion Of Mr.. H. NJ. Gotten.