Jasper County Democrat, Volume 1, Number 15, Rensselaer, Jasper County, 23 July 1898 — WILL REACH $100,000,000. [ARTICLE]

WILL REACH $100,000,000.

Small Subscribers to War Loan Obtain One-Half the Amount. Subscriptions to the war loan bonds are still coming in, says a Washington correspondent, despite the fact that Secretary Gage’s circular inviting proposals fixed 3 p. m. of the 14th inst. as the close of the period within which they would be received. Since that time nearly 20,000 applications have come to the department. Of these about 5,000 have been included by the officials in the list of the subscriptions coming within the terms of the circular. They were delayed by failure to make railroad connections, having been deposited in the mails at the starting point in time to have reached Washington, had there been no unusual delay, by 3 o’clock of the 14th. The* accepted applications have not yet been all tabulated, so the complete figures cannot yet be given. Mr. Vanderlrp, Assistant Secretary of the Treasury, said that subscriptions in sums of SSOO or less would reach fully SIOO,000,000, $10,000,000 in excess of his first estimate. The prospect was, he said, that subscribers in the sum of $5,000 would get little or nothing. The allotments to subscribers under that sum would nearly exhaust the $200,000,000 to be issued. Secretary Gage said that there would be no further issue of bonds, in his opinion, before next winter.