The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1919-01-16
LET'S FINISH THE JOB WE'VE
STARTED.

Will NC upOAl w
the Fifth Liberty Loan. The amour
required will probably be five billio
dollars, and the bonds will very likel
draw the same rate of interest a
those of the Third and Fourth Loans
Az per cent.
The writer attended a meeting O
representatives of the country pres
from the five states making up tn
Ninth Federal Reserve District held il
Minneapolis Monday of this week a
which time the question was fully dis
cussed.
Chairman Rogers, in an excellen
address which is published elsewhere
in this issue of the Herald, showed
some of the financial propositions put
over by the Ninth Federal Reserve
District in connection with the
previous loans. He also showed the
wonderful accomplishments of Amer
lea as a whole in not only success
fully financing our own war but
aiding our Allies to the extent
Of seven billion dollars meanwhile.
1t is generally conceded that the
forthcoming loan will be more diff
ficult to put across than any Of its
predecessors.
This will be the situation in spite of
the fact that victory was won many
months before the most optomistic
hoped for. This victory means not
only tremendous saving in the man
power of our country, but it also
means that the forthcoming Loan will
be the last bond issue necessary to
clean up the financial obligations in
connection with the war.
To the Herald it appears that the
forthcoming bond issue should be
easier than any Of the predecessors.
Because of the successful termina-
ton Of the conflict with only nominal
sacrific of our boys, the American
people should be grateful to the extent
at least of coming forward with the
necessary financial assistance to finish
the big job which we started in April
1917.
Because the Hun was brought to his
knees on November II, instead OF
during 1919-meaning that instead of
two or three more bond issues only
one will be needed-the American reo-
pie should dig up willingly.
Had President Wilson realized that
the war would terminate when it did,
it is certain the price of the 1919
crop of wheat would not have been
placed at 1920. This increased price
will in itself more than reimburse the
Northwest farmer for any investment
he may be called upon to make in the
Forthcoming bond issue.
Besides the Fifth Liberty Loan the
government will conduct an intensified
sale of War Savings and Thrift Stamps
during 1919. These stamps will be
sold on the same terms as last year
and they will be redeemable one year
later. Mr.. Rogers informed the news
paper men on Monday that it was not
his purpose to force these bonds upon
the public, but with the assistance Of
the press he hoped to conduct an in
tensifed campaign Of thrift education
to the extent that the people will buy
the War Stamps voluntarily. In this
connection the Herald can state with
assurance that all War Stamp pur-
chases or subscriptions will be de-
Quoted from ones Liberty Loan bond
allotment. ''-.. *aa,E .',. r..s
The people Of the Ninth Federal
Reserve District have purchased $685.
239 ,450 worth Of the previous bond
issues; they have bought $70,000, 900
worth Of War Savings Stamps and
contributed $53,5O00O0 to the Red
Cross and kindred organizations, a
grand total Of $3.50, O00, 900. Yet the
resources Of this section have not
been scratched, the banking resources
of the district are many millions
greater than they were before Amer
ica entered the war.
A bondholder becomes co-partner
OF his government In spite OF the
strong pro- German tendencies IN
some DaIIS VI Vic &NAhSh NASSAASS
1901 1856 individuals were bond pur-
chasers in the Fourth Loan with an
average investment Of 1882.
There was some talk Of bond slack
ers in Stearns county. In this con-
nection the Herald is pleased to state
that out of something over 300
blue cards turned in at the close OF the
Fourth Loan campaign, considerably
over 400 have since taken their allot-
ment.
If YOU will read Mr.. Rogers address
to the newspaper men published on
page three of the Herald you cannot
help but be proud of your country and
the big things accomplished by the
Ninth Federal Reserve district OF
which you are a part. The Herald be-
lieves the people of this part OF
Stearns county win do their full duty