Evening star., 1932-03-07

of the United States Government. the
circular describing the certificates may
be obtained from your local branch OF
the Citizens Reconstruction Organlza-
ton or from the banks. :,
This offering should not be confused
with the Treasury's regular March pro-
gram of financing, which will be an
nounced tomorrow morning. The treas
ury obligations offered in that connec-
ton are intended to provide for the
current needs of the Government as
distinguished from the specific demand
which the special per cent certlticates
are intended to meet. They will bear
a hisher rate Of interest, but will not
be Slbject to redemption on 80 days
notieA by the holder.
I'm closing may congratulate Col.
Knox and the Citizens Reconstruction
ORGANIZATION on the fine public service
they are rendering. I urge you all to
give them your active support and CO.
operation. They are fighting your pat
tie and mine on one sector OF very
broad front. We have it within our
power to strengthen the whole battle
line against the forces of depression.
They can and will be overcome If each
and every one of us will but recognize
a high sense of responsibility to his
community and his country and meet
his or her own daily problem with
Characteristic American resourcefulness
and courage"
Gen. Dawes spoke as follows:
AZ am speaking directly to you who
have withdrawn money from a bank
and now hold it in the shape OF cur
rency.
so far as this campaign is con-
cerned, it is you whose action Will
count-no one else. The money Is
yours. You had the right to draw 1t
and you have the right and power to
keep it in any form you please. Under
ordinary circumstances what you have
done would be matter OF your own
concern only and the business Of no
body else, but because SO many other
people at the same time have done the
same thing you now occupy a new rela-
tionship to the existing business de-
preston and unemployment in the
United States and have incurred new
and Individual responsibility.
mo matter whether you have now in
your possession $40 or $4,000 in coin
or currency, you and others IKE you
combined possess about O,ooo,ooO
of boarded money, and belong to
most powerful financial group, upon
whose actions IN response to the Presi-
dents call largely depends the return
of prosperity to the United States.
If you decide to keep this money in
some other safe form rather than in
currency itself you will render an in
estimable service to our country and to
the welfare of all our people. including
yourself and yours. With this $1,000
600 900 boarded money back in the
sound banks of our country as basis
of credit and increased purchasing
ct0n III hn Of
a return to prosperity in reasonable
time. AS long as this currency is out
of circulation we must remain as a
people for an indefinite time under the
terrible hardshipS of an unprecedented
business, industrial and commercial
stagnation, with all its consequent
human misery
The primary purpose Of this cam
paisn is not to sell Government bonds
of small denominations to raise money
for the Government. but to get hoarded
money into circulation i'll order to re-
viye business and employment and
| bring back normal conditions OF living.
| Where the bonds can be sold for cur
rency which has been boarded the sale
| puts this money into circulation and at
work again. But where money is al
ready in the banks, and is therefore
circulating and at work, when you pay
| for the bonds by checks on bank and
not in currency the money in circulation
| is not increased and the real purpose
| Of this campaign is not subserved. If,
therefore, you buy Government bonds
to carry out the purposes OF this ma
tional effort pay for them in currency.
Remember that the man or woman who
is in a position to put back sum OF
boarded money In sound bank or buy
| a Government bond with 1t Is directly
contributing to a return OF prosperous
conditions. You are all suffering from
| this business depression, and all Will
| benefit if it can be checked.
You are now asked only to DO a
common sense thing. But it is mere
than this; it is duty to your country
and your countrymen.
The President Of the United States
this evening has called upon you for
action. He has spoken TO you in terms
| of your duty to the United States-our
| own country, which has given to all
| OF us our opportunities in life and
whose protecting flag is the symbol OF
/ the pride and reverence OF q great
people-our own country. which We so
love and honor and for which In time
Of war we have ever been ready to give
even life itself. To you as an american
! citizen in this time Of great distress 1t
Is your country which now dlrectly ap-
peals. No appeal thus maQ mas ever
failed or will ever fail"