St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1919-05-03
VICTORY CAMPAIGN
STARTS With BOOM:
new LOAN POPULAR
Interest At 434%o Per Cent And Four
Year Term Peases The
Public

Atlanta, Ga.-The Victory Loan
campaign has got off to flying start,
to judge from the kilograms pouring in
upon the district headquarters within
the first few days Of the big drive. That
the Sixth Federal Reserve District
will go over the top with bang 10
indicated by the early results, though
it will require the cooperation Of every
citizen to make success assured.
The announcement Of the terms of
the Victory Loan did great deal to
inspire subscriptions from those who
invested from business standpoint as
well as from patriotic motives. The
notes pay 3/49o, the highest interest
Of any of the Liberty Loan series, and
are payable by the government In four
years after date. This high interest
and the short term makes them GER
tain to remain at high figure, hnan-
ciers say, and there will be no dan
ger of their dropping to discount.
Secretary Carter Glass has announc-
ed positively that this will be the last
OF the Liberty loans. It will pay the
bill for defeating the Hun and bring
the boys back home.
The campaign all over the district
was opened with parades and great
celebrations. In Atlanta the central
part of the city was more deliberately
decorated than ever before in history.
In several Of the larger cities the Fly
ing circus" OF airplaneB fought mimic
battles in the air high above the
streets. Secretary Glass 10 to deliver
an address in Atlanta on May !.
Chairmen all over the Southern
states are reporting that the Victory
loan is easier to put over than they
had expected.
"Our people have not lost their pa
triotism," they report. There was
an apparent apathy. We had begun
to believe the public thought the war
was ell over and there was no use IN
subscribing to more bogds. But We
were wrong. The American-sity maa.
town man, farmers-is willing 70 Day
his share OF the war bill, and he is
proving it."
That is the patriotic side Of tho mat
ter. On the business side, the shert
term bonds or notes appear to strike
the public eye faxoEably. The average
man is more willing to tie up his
money for four years than for long
er period, and the fact that the gov.
eminent promises to pay in four years
makes the securities moro easily ne
gotiable at full price than II q period
of twenty years were involved.
The quota for the district 10 $144.-
100000. Several counties reported
arly ON the first day that their quotas
mad been reached, and asked for Vic
tory Loan honor flags, which are to
be awarded to every community over
subscribing its share. The fair and
square individual quota system adopt
ed by many counties helped TO carry
them over the top on Volunteer
Days" the first two days Of the cam
paiFn. In the Third Loan campaign
every county in the district went over
and an effort is being made to repeat
this performance this time.
o-ooo0~~~~e~o~o~~o-oo -~-~-o-oI>~~~o-~~o~oo~
with school problems.
AS matter of fact, the Parish
Superintendent, Mr.. Lyon, has made
repeated efforts to enforce the law
requiring children between certain
ages to attend school, but his activi-
ties in that respect have come to
naught because of the refusal of the
District Attorney and Grand Jury to
function in SO important matter
Perhaps TAX Payer" can be Of
real assistance in this matter, In
| which he or she seems so greatly in
terested, but sit will, of course, be
necessary that he or she first become
more familiar with conditions as they
are, and to that end | would respect
fully refer him or her to the Parish
| Superintendent who is always ION
the job" when anything for the bene-
fit Of the school system is being con-
sidered.
Yours truly,
| II. w. WOODRUFF,
| School Director, Ninth Ward.