Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-04-19
APPEAL 10 BOOST
FIFTH LOAN ISSUED
BY DRIVE LEADERS
CHAIRMAN GRIGGS AND VICE
PRESIDENTS ECRETARY CALL
PEOPLE OF OTTAWA TO ARMS
VOLUNTARY SUBSCRIPTIONS
ONLY.

An appeal was issued TO Ottawan,
;, Today to get behind the Fifth Libertl
victory Loan and put the city over
the top on the same basis so success
July manipulated previously by REQ
hot newspaper publicity combined
with roofing from the side lines O
every loyal patriot,
The campaign is going to win OF
this basis. but to give the people 4
good idea of what they intend to do
as well as what they are asking for
County Chairman Griggs and Vic,
PresidentSecretary Foster, over thei,
signatures, today called upon every
body &c do their bit.
The statement follows:
The Victory Loan workers are par
uclarly pleased with the terms of the
new loan. II was expected that the
amount of The loan would be $1,000
100000, and had that been the amour
the people would have subscribed 20
1t Just as freely and willingly as they
Will subscribe for the Si5O0 0cU ,0ol
but 1t was particularly gratifying {,
know that Secretary Glass had deter
mined to run the country on the mos
economical lines possible and onl,
asked for what he actually had t.
have. We think the people should az
preciate this.
If the rate had been placed at ~
per cent people would have hOugh
the bonds at that rate, but Mr.. elias
realized that money was worth NOR,
than Az per cent and made the rat'
IA per cent for one class of bond
and 3A per cent for the other This
we think, the people ought to appre
ciate.
We believe. also, that our peopl,
should know why this money is need
ed. No one had any hope that tn,
war would end in 1918. The govern
ment was preparing for the conlim
ance of operations in 1913 We spCu
on ordnance in 1913 $tS,000,0O .0ut
and on Nov II. 1918, their outstan'
ing orders for ordnance amounted t.
$4,000 100000, When the war close
we were turning out rifles AT the rat
of 233. 900 per month, machine guns a
the rate of $4,000 per month, am
making each month 27S000, 900 pOuni
of ammunition. We know that tn
government cut down this production
just as fast as was humanity possible
We had built $50 ships sand Their
were 1885 building. We were maxi
ing gas at the rate of 2G0 tons pc
day, and the maximum German pre-
duction was thirty-five tons per day
In 1918 the war cost us $25,090000
600 and If it had lasted through 1911
it would have cost us $24 600 10000
more. If the war had lasted throug
1919 the lives Of our boys lost and in
juries from wounds cannot be calcu
lated.
This loan ought to be looked upo
by the people as thanksgiving loan
for the victory which saved US al
these millions in money and all tn,
lives of our boys They gave thei,
dives and their broken bodies. While
they left their positions and worked
at $50 month, those who remained
at home received larger Increased
pay
Farmers especially ought to bo
willing to purchase these bonds The
supply Of hogs in the country incrcas
ed by 5000 900 and tho average price
is the highest ever recorded. POrF
and lard bring the highest prices eve
known. Recent markets show corn al
$3.50. oats at IS to 20 cents and Whea
at 500 to $3.50, with guaranteed
minimum Of 1925, and with a guar
antee from the packers that the price
will be kept up.
These bonds are free from all oca !
taxation and in part free from fedora |
income taxation. The exemption from |
local taxation is a distinct and i'm |
portant advantage. So much money |
has been invested in these tax exempt |
bonds that assessors and boards OF |
review will have to search most care |
fully for money not invested in gov |
eminent bonds
I'VE appeal to the people to pur
chase these bonds, primarily, of
course, because our country has
asked us to buy them; secondly. be
cause it is really a thanksgiving loan
for victory AMI that the war has ended
without sacrifice of lives Of many,
and lastly, because they are first
class business investment