Norwich bulletin., 1919-04-21
House to House
Loan Canvass Today
Many Communities VIII En-
deavor to Raise Their
Quotas on the Opening
Day.

Washington, April 2o.-House to
house canvassing methods will be en-
ployed by many communities tomor-
row in an effort to raise their quotas
for the Victory Liberty loan on the
opening day. and to leave the re-
mainder of the three weeks for piling
up over-subscriptions. This method,
developed TO highly perfected state
by a hundred or more cities and
towns during the Fourth Loan cam
paign has been adopted by many more
loan organizations for the Victory
drive
Oversubscriptions to the loan are to
be rejected. no special purpose in
any community's exceeding its allot-
ment, except that some may not reach
their quotas.
, Reports to the treasury today were
uniformly to the effect that prospects
| COO, 900 were bright; and that prepara-
! tons had been made to push the work
to the utmost during the first week OF
: ten days. BY the middle or latter part
of the week the treasury hopes to
! have the first definite reports on the
volume of pledges. These reports
however, will run three or four days
behind the actual progress made
| In the official circular describing
the loan, issued today by the treas
ury, it was explained that although
| the federal reserve banks the the only
recognized official agencies for sub
scriptions to the loan. the secretary o
the treasury appreciates the efforts o
unofficial agencies.
Large numbers of national banks
state banks and trust companies, in
veStment bankers, express companies
! newspapers. department stores, anC
other corporations, firms and organi
Zations.' said the circular, have pa
triotcally offered to receive and trans
nit applications for the notes with
out expense to the applicants TIL
/ secretary of the treasury appreciate
the value of these offers and will hav
application blanks widely distributed
through the federal reserve banks, t
the institutions throughout the coun
try. Subscribing agencies must trans
nit or cover by their own Subscrip
tions all applications received b
them.
|! NO commissions will be paid upo
subscriptions and those who reCeiv
!. and transmit applications are there
fore rendering the service to subscrib
ers as a patriotic duty
Individual subscriptions for amount
up to $4,000 are TO be allotted i
subject to pairing down in case tn
, loan is oversubscribed Warning wa
given in the circular today that if an
| interests split up their subscription
, into several of $4,000 or less. tn
, treasury reserves the right to combin
the subscriptions and make the allot
ment on the aggregate. Allotment
, will be made before June 8.
Applications must be accompanie
iby payment OF. 10 ger cent. of tn
amount of notes applied for" said tn
circular.
NO payments other than the 10 pc
cent. required upon application slloul
. accompany any application sl1oul
, accompany any application for an az
gregate amount of notes in excess
$4,000. Applications for an aggrt
= gate amount of notes not in excess
$I0.000 may, at the option of tho sui
, scriber, be accompanied by paymel
f in full"
e The circular disclosed that the figl
f is reserved by the secretary of Il
e treasury TO close the books for accep
= ance of subscriptions at any time b'
fore the end Of the campaign, il Il
@ rate OF subscriptions should warraI
this.