Jasper County Democrat, Volume 1, Number 17, Rensselaer, Jasper County, 6 August 1898 — DELAY IN DISTRIBUTING BONDS. [ARTICLE]

DELAY IN DISTRIBUTING BONDS.

Investigation of Suspicions Subscriptions Retards the Work. The work of distributing the war loan bonds is not going on as fast as the officials wish it would. Much time is occupied in the investigation of subscriptions that aroused suspicion as to their genuineness. These amounted altogether to $19,000,000, and as they are scrutinized and passed the number of the subscriptions that will receive allotment of bonds is constantly reduced. It was believed last Friday that the last of the susDicious subscriptions had been disposed at, but a number of ftiem are still undergoing investigation. In addition to these, numerous subscriptions contained errors, such as unsigned checks, checks where the amount, was not designated or incorrectly filled in, etc. Efforts are being made to rectify these mistakes, and when the work has been completed the officials will be able to make a comprehensive and accurate analysis of the subscriptions. A report has been circulated that the additional $200,000,000 of bonds authorized by the war revenue bill would be issued within a short time. Asalstant Secretary Vanderlip says that there was no immediate prospect of the issue of these bonds, not even as early as in November, when Secretary Gage had previously indicated as the probable date.