Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1943-08-12
MILES HEADS
STATE WAR
BOND DRIVE
State Treasurer and Baltimore
Banker Chairman of Maryland
Committee in Is Billion
Dollar Campaign q

share of the Is billion dollar Gov.
eminent bond offering slated to
start September 9, will be directed
by Hooper S. Miles, chairman Of
the executive committee of the
Baltimore National Bank and
Treasurer of the State, it was an
nounced this week by Secretary Of
the Treasury Morgenthau. Mr.
Miles will serve as State chairman
of the Maryland War Finance
Committee.
Charles H. Robson, Jr., presi.
dent Of the Central Fire Insurance
Company, and Walter N. Ruth
State Administrator of the Wal
Savings Staff since its organiza-
ton in 1941, were named by Secre-
tary Morgenthau as vice-chairman
and executive manager, respec-
lively. The appointments followed
a meeting of the three men with
Mr.. Morgenthau in Washington.
An executive committee has been
appointed by Mr.. Miles. In addi-
ton to Mr.. Robson and Mr.. Ruth,
it will include the following:
Holmes D. Baker, president,
Citizens National Bank, Frederick,
Nd, responsible for coordination Of
regional and county committees
and organizations.
David c. Gibson, vice-president,
Maryland Casualty Company, in
charge Of program Of public infor-
nation.
Irving H. Kohn, head Of Hoch-
schild, Kohn & Co., and president,
Baltimore Association Of Com
merce, leadership of industrial and
commercial activities.
John c. Legg, Jr., Mackubin,
Legg & Co., investment bankers,
organization and leadership Of in
vestment bankers.
s. Page Nelson, v.,e-president,
Savings Bank of Baltimore, or
ganization and leadership of saw
ings banks.
John Redwood, Jr., Baker, Watts
& Co., investment bankers, coordi-
nation Of activities Of all banks and
investment bankers.
Charles E. Rieman, president,
Western National Bank, and presi-
dent Of the Baltimore Clearing
House Association, organization
and leadership of commercial banks.
Mr.. Robson, in addition to serv-
ing as vice-chairman, will take
over the organization and leader
ship Of civic and group associa-
tions, labor organizations, service
clubs, building and loan associa-
tions, foreign speaking groups and
similar organizations.
Mr.. Ruth, as executive manager,
will direct operations under the
guidance of the executive commit
tee.
II am happy to accept, for Mary
land, this charge" said Mr.. Miles
in taking the committee chairman
ship.
"Our armed forces are on the
march on land, in the air, on the
seas and under the seas. They are
on the march on every front and
the enemy is under attack from
many sides.
Nov, more than ever before, we
at home must Back the Attack
with War Bonds Within the next
few weeks the Third War Loan
Campaign will be launched in
every State, county, city and ham,
let of the country to raise money
to Back the Attack This money
must come increasingly from the
widespread participation of every
one or the huge government spend
ing in support of the war effort
will bring imitation.
1--WE must, and will, attain VIC
tory on the war front. It is, how
ever, equally certain that we can
and will lose the fruits of this vic
tory unless every man and woman
on the home front carries on the
war against initiation by the daily
exercise of rigid economy in spend
ing for any purpose other than
the purchase of War Bonds.
"The War Finance Committee
represents the merger throughout
the country of the two organiza-
tons which just recently complet-
ed, and especially in Maryland, q
magnificent achievement in the
conduct of the Second War Loan
Campaign. To meet the still hard
er tasks ahead created by the
rapid expansion of the war effort
and the resulting heavy costs our
efforts on the home front must be
unified and effective. To accom-
plish this our specialized energies
must be streamlined and unified in
to an effective army at home to
buy bonds and prevent imitation.
"This is the reason for the merg-
er and it is being accomplished
rapidly and with splendid coopera-
ton everywhere"
Maryland's quota has not been
announced. In the second war
loan drive the State produced 100
million dollars, exclusive of any
purchase by Commercial banks for
their own account.
For purposes of the coming drive,
The counties Of thu ChnAn ...;n l..