Bankers Optimistic Over Floating of Liberty Loan
More than 60 bankers from the Quincy Clearing House district met in the Chamber of Commerce building to discuss funding the Liberty Loan. They argued 5000 local savers can fund ten weeks at five dollars weekly, diverting investment funds from municipal bonds and real estate to government bonds. Officials cited Treasury estimates of nine billion dollars spent on food and war supplies, boosting a prosperous year. The plan calls for a district wide campaign with each of the fifteen counties organizing to place pro rata Liberty Loan bonds, with bankers pledging active service. Addresses were given by Hicks, Whasey, Crane, and Dr. Sanford.
MENTIONED IN THIS ARTICLE
Quincy
Quincy Clearing House Association
Chamber of Commerce
United States
Secretary of the Treasury
McAdoo
Chicago
Quincy Clearing House District
Bond Drive Rallying Palmyra District to Buy Liberty Bonds
The Liberty Loan bond issue gains momentum with J C Ferris of Carthage and others pledging support. Meetings are set across Hancock and Adams counties, plus Lewis and Pike counties. Banks plan sessions May 21 22 while subscriptions close June 15. Bonds offer 3 53 percent interest, run 80 years or redeemable at 15 years. The drive aims at placing bonds in every home with low $50 denominations requiring only 2 percent initial payment. Local civic notices report community visits and committee preparations to launch sales.
MENTIONED IN THIS ARTICLE
Palmyra
J. C. Ferris
Carthage
Hancock County
Quincy
Adams County
Lewis County
Brown County
Pike County
Ill
Roosevelt Not Drafted for Volunteer Army War Service
Washington May 19 President Roosevelt will not use the act allowing volunteer divisions at present. President says the aim is prompt, effective army creation for victory now, not personal compliment or political advantage. He emphasizes reliance on experienced officers and regular army for initial troops. He adds he will act with expert advice from both sides of the water.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Germany
Western Front
France
Belgium
Fire at ElectroChemical plant causes heavy damage in Niagara Falls
A fire at the ElectroChemical plant in Niagara Falls spread from explosions of unknown origin in the chlorobenzol facility. The blaze caused about 300000 dollars in damage and threatened the surrounding milling district.
MENTIONED IN THIS ARTICLE
Niagara Falls
N. Y
ElectroChemical Company
General Staff Prestige and Democracy in War Readiness
In Washington May 10 observers note the general staff in the United States lacks power to act without civilian approval. Foreign officers advise, government acts, democracy clashes with autocracy as Lansing pressures censorship and rumor control. The piece contrasts U S military education with civilian oversight.
MENTIONED IN THIS ARTICLE
Herbert Corey
Washington
General Staff
United States
Army
National Guard
West Point
War College
Dickson Receives Orders
Springfield HL May 19 Adjutant General Dickson has received orders from the war department to recruit the Illinois national guard to war strength at once.
MENTIONED IN THIS ARTICLE
Dickson
Springfield
War Department
Ilinois National Guard
Sae
Also Mentioned on This Page
Bankers
Mr. Hicks
Pittsfield
W. H. Whasey
Hannibal
P. W. Crane
Sanford
Augusta
Mary FE. Wood
Galesoure
Kathryn Carver
J. A. Carter
Jennie Pickens
Ben West
Dorothy Bowman
Plymouth
C. H. Stark
HB. Woodard
W. E. Phillips
Francis BE. Smith
Waverly
Til
A. O. Howd
BE. EB. Youell
Golden
Hazen Tuck
Trene
Augusta High School
Methodist Church
J. W. Gray
New York
Teddy
Capitol
England
Colonel Staff
Staff
Deaderigt
Lansing
Gregory
Messrs. Lansing
Gregory c
America
Liberty
Joan
Broadway Bank
Broadway
Illinois State Bank
Quincy National Bank
Ricker National Bank
State Savings, Loan & Trusco
State Street Bank
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