Jasper County Democrat, Volume 21, Number 95, Rensselaer, Jasper County, 26 February 1919 — Page 7

VEDHIMDAT, FEB. 96, 101®.

KEEP THE LOAN FIRES BURNING, WORKERS!

* Finish the Job” Should Be the Slogan of Victory Liberty Loan Leaders of Seventh District SOLDIERS STICK TO POSTS ‘Chairmen and Their Alda Must Not Quit Until All the Government's War Obligations Have Been Discharged. i Returns at the five state headquarters In Chicago show that the county lehairmen and other important workers In the Seventh Federal Reserve district are signing up for the fifth tbig loan. They are actuated by the (same sense of duty, it is reported, as fills the breasts of the soldiers now held in France. The soldiers over there long for home; but they realize that their work is not done. Garrisons 'must be held along the Rhine until peace has been formally signed and the terms of the peace treaty have •been carried out

In the same way it is generally recognized by chairmen and other workers throughout the Seventh Federal Reserve district, the men who are responsible for the financial part of the war, cannot quit until the financial obligations are discharged. The big bills for any undertaking come in immediately after the completion of that work. It would be an irresponsible business man, it Is conceded on all hands, who would refuse responsibility for that part of his contractor’s bills that came in after the driving of the last nail. The Fourth Liberty Loan paid off the then outstanding treasury certificates of indebtedness and furnished enough new money to carry the government until mid-December. Since that date the treasury department has been borrowing from the banks at the rate of $300,000,000 a week, and by the time the Victory Loan is offered will owe nearly six billion dollars. The Fifth loan money will pay off these bank loans and carry the government until the money raised under the 1918 revenue act begins to come in. The sudden termination of the war brought an increase in the day to day military expenditures. The total for December passed, for the first time, the two billion mark. The January total was slightly less, but exceeded any other month except January. February promises to show a considerable decrease. The high daily outlays since the end of fighting have been due to the liquidation of the war machine, and were unavoidable. There is still a great mass of contract obligations to be cleared away—contracts entered into by business men for the rush production of munitions that would have been absolutely essential had the war gone on for a few weeks or months longer.

Chairmen and workers who happen to hear of anyone who Is declining to participate In the next loan have ready to their hands a set of the best possible arguments ngainst this sort of conduct. In the first place tlft man who refuses to work in the next loan or to buy bonds of the next Issue can be charged with being a quitter or a coward. Neither Is an especially American attribute. As a nation Americans have the reputation of seeing a thing through. And the fields of France proclaim that they are not cowards. But the infrequent loan worker who is saying that he cannot find time to participate in the Victory drive, or does not- feel any obligation to do so may be charged with cowardice. It is generally recognized where such an attitude is encountered that the man fears the fifth loan will not be a success. The man who Is preparing to quit now, it is pointed out, is doing so •because he ddes not want to be Identified witlj a failure. The answer to this is that none of the 6,000 marines who stopped the victorious German march on Paris at Chateau Thierry asked to be excused from going into the fight because he expected it to be a failure. Yet all the foreign military 'men thought that the Americans could not stop the Germans at this point. Another argument answers a good deal of half-hearted comment which maintains that it makes no difference whether the banks have to take the loan. But the business man or the wage earner who thinks that It makes no difference to him is decidedly mistaken. If the public does not take the bonds the banks, as everyone knows, do so. Now on December 81 the national banks of the country had resources of $20,042,224,000. This was the first time in the nation’s history *hat the total ever got above t&a jtwenty-bllllon mark, t This enormous banking power shows, ,tor one thing, that the nation can take another six billion loan with ease if the organization gets out and iworks. But it also shows something else. The twenty billion, of course, is greatly more than the total that Is actually available for credit operations. If the banks should have to take the greater part' of the next loan, and to add this burden to the more than two billion now tied up in Liberty loans, nnd the additional treasury certificates

will be Issued next summer and fall, there will be a very much reduced balance for general business credit accommodation. v Everyone knows what credit limitations did to business in the days when fighting was going on. The readjustment pause that has followed has lessened the demand, but the minute business starts forward on the reconstruction boom, as It will in a short time, every dollar of credit facilities possible will be in demand, and any such limitation as a failure of the loan would entail would mean business stagnation and unemployment. Every loan worker in the Seventh Federal Reserve district must realize that the success of his own business, or the size of his own pay envelope, is tied up with the success of the government’s financial plan.

Finally, the nation has such an enormous amount of new wealth that it is impossible to assume that the loan will fail. Everything says that, unless patriotism and common sense were both stricken dead In every American breast upon thd signing of the armistice, the loan will be a success. National bank deposits in 1913 amounted to only $6,051,689,087; today they amount to $15,051,000,000. Farm profits on the 1918 crop have been enormous and the 1919 crop promises to be the greatest in history. The hard-coal mines of the country produced 76,649,918 gross tons of new wealth in 1918 and the petroleum wells added 345,500,000 barrels of oil. The national balance of trade —the excess of. exports over imparts —has grown from $252,677,921 in 1909 to $3,150,000,000 in 1918. In four short years we have changed from a debtor nation owing $4,000,000,000 abroad, to a creditor nation that is owed $10,000,000,000 by foreign nations and their people. And lastly, American banks hold the greatest accumulation of gold ever known in history—as much as is owned by the next eight most wealthy nations put together. Any citizen who fears that the fifth loan cannot and will not be subscribed has little of the courage and confidence that made America famous at Chateau Thierry and Cantigny and in the Argonne Forest.

HELP “FINISH THE JOB."

WOMEN BIG HELP ON VICTORY LIBERTY LOAN

Preliminary Work Is Well Mapped Out —Big Showing In Former Loans to Be Exceeded This Time. Preliminary returns show that the women workers of the Seventh Federal Reserve district are out to make a big showing in the Victory Liberty Loan. Women chairmen and workers are everywhere signing up for the fifth campaign. There have been very few resignations, it Is reported, from women who felt that their obligation to the nation had ended because the fighting in France was ended. On the contrary, it is asserted by Miss Grace Dixon, director for women, Seventh district, and by other leaders in the women’s loan activities, the women workers feel mor§ strongly than ever their obligation to get out and personally go after bond subscriptions. The very fact that Individuals are found who do not appreciate the obligation resting upon the civilian population has aroused in double force the patriotic sense of duty in the breast of the women workers. These are asserting through letters received at Chicago headquarters by every mail that they intend to work twice as hard as in any preceding loan—if that be possible-4n order to counteract the “quitter” sentiment that is manifesting itself among certain individuals in every community. Preliminary work Is well mapped out in a majority of the counties in the district. It is planned to have a larger number of women workers enrolled everywhere than was the case in the preceding loans. Workers already are securing pledges from recruits and veterans and it is promised that a better showing will be made in every state than In any of the Liberty loans so far placed. The Fifth loan, It Is pointed out, will come at a time when women on the farms and in the smaller communities can give an especially large amount of time to the loan work. The drive, coming in April, will precede the active farm and garden work and the women will, therefore, be in a position to concentrate on the campaign In a way they were unable to do in the Fourth loan. The results of the Victory Loan are expected to prove a monument to the patriotism and self-sacrifice of the women of the Seventh Federal Reserve district, for the spirit of service is the animating principle of the American people at this time.

HELP “FINIBH THE JOB."

OUR PRAYERS

By JEAN MAHAN PLANK.

-We pray and we weep with emotions i that weary us; Ready to worship our heroes of - war. We put them on pedestals high as old Sirius, Gaze at them proudly or cheer from afar If we’d get In touch with Divine Law mysterious, Draw fire to forward our impulses fond, ’Twould carry the message to God that we’re serious If we backed up our prayers with a Liberty Bond.

AMERICAN PEOPLE READY TO COMPLETE THE JOB

Victory Liberty Loan Must Succeed to a Degree in Keeping With Buocees es Former Loans. By CHARLES H. BCHWEPPE, Director of Victory Liberty Loan Campaign, Seventh Federal Reserve District. Despite the fact that hostilities have ceased and preliminary steps to the signing of a peace treaty been taken, our big war Job is not finished. The job will not be completed until the war bills are paid and the slate of the nation is clean. Those of us who remained on this side of the water still have work to do to polish off the great victory won by our soldiers and sailors, and the work before us Is as patriotic and essential as that already accomplished. The Victory Liberty Loan must succeed to a degree in keeping with the success of the four previous loans. This success can be attained only through the efforts and enthusiasm of the entire people. Liberty Loan organizations must put into their efforts the same vim and fire that characterized their work in the previous loans. The people must do everything within their power to aid the organizations in performing the task that is as much theirs as in the time when the nation was warring. The spirit of thanksgiving should permeate the American atmosphere — should dominate the heart of every citizen, for if it had not been for the extensive preparation to fight the central powers until victory perched upon our banner the war would have been prolonged indefinitely, with a consequent loss of thousands of lives that otherwise were saved to us when the German general 6taff acknowledged the futility of continuing the struggle for world domination. The great victory was achieved very largely through the shells that were never exploded, through the soldiers that did not go across, and through the general preparations in other directions. The American people can give expression to their thanksgiving by subscribing to the limit of their ability In making the Victory Liberty Loan an overwhelming success. The fullness of the great victory will not be realized until the war bills are paid and all the boys brought home. The expenses of the war have been huge, but America set out to win the war at any cost, and now, with victory secure, American people stand ready to complete the job assigned to them—providing the money necessary to win the victory.

HELP “FINISH THE JOB.”

WHY YOUR MONEY IS NEEDED—HOW IT HELPS

This Brief Questionnaire Gives Interesting Information on the Victory Liberty Loan. The government already Is exploiting the Victory Liberty Loan, which will be floated in April, In order that the people may start saving for the purpose of Investing in bonds of the “Victory issue.” The following brief questionnaire should tend to clarify the mind of any reader regarding the Victory Loan: Q. The war being over, why is there need of another great popular war loan? A. The proceeds from the Fourth loan, according to Secretary of the Treasury Glass, were exhausted last December, and the government must have billions more with which to maintain our forces overseas, bring the victors, home and carry out its reconstruction plans. Q. If Uncle Sam’s strong-box is empty, how is he paying his after-war expenses? . / A. This is being done with money borrowed from the banks at the rate of $600,000,000 every two weeks, shortterm anticipation certificates of indebtedness being issued In return. Q. As long as the banks are advancing the money, why not let them continue to do so?

A. Because in order to continue to extend credit to the business interests big and little of the qountry the banks must get back this money—amounting to 20 per cent of their entire resources—when it falls due, as only thus can the prosperity we now enjoy be continued. Q. Will the Victory Loan be offered to the people on a commercial basis, or will their patriotism again be appealed to? A. Secretary Glass says the patriotism of the American people will be relied upon to send the loan triumphantly “over the top.” It, however, will be made particularly attractive as to rate of interest and period of maturity. Q. What are the monthly war expenditures of the government at the present time? "A?The latest- official figures show that Uncle Sam is expending money at the rate of more than $2,000,000,000 a month. Q. Suppose I bought bonds of preceding issues and feel I can’t afford to buy any more Liberty bonds? A. Uncle Sam has to pay his bttie, and you must afford it, even If you have to?* continue for a further time denying yourself luxuries and apparent necessities. Unless the Victory Liberty Loan is a success the government will be compelled to raise the money it needs by direct taxation, and there are no Interest coupon* on tax receipts.

THE TWICB-A-WKBK DEMOCRAT

10 Day Money-Saving Offer on the ijjj VjF Round Oak Pipeless Furnace If you are thinking of purchasing a furnace this year or next, we want to bring to your attention the very special inducement we are going to offer for the ten days, March 19th to* 29th. We will announce the details in a few days. In the meanwhile, we wish to bring to your attention some of the advan- ~-r—----tages of the ROUND OAK FURNACE with its , Here’s What the Round Oak ’’TErel re-charging, even in zero from the time it is deliv■WMSßSSteP* -wass;- ■ The patented, improved, bolted and deep-jointed con- (The hmti pip*U»» furnace on thm mmrkmt) struction and its heavy castings mean no dust or dirt . , X j Built Absolutely Fire Proof, in your home. t ” A * (See Catalogue.) We are positive it is the best built, most efficient, ■ Improved, Ga» and Duat Tight durable and satisfactory Pipeless Heating System on Boftcd Contraction. ... .X. -7 Burns All Fuel* Succeaafully—the market. o* Economically. It is worth every cent you invest in its purchase. . . Stronges t—La«t* the Longeat. Its saving in fuel alone pays a liberal interest on the * Heavier too. .X. r Humidifies and Circulate! Pure investment. « o. Air ★ 6. Hold* the Fire 24 Houre. X. •] Cool Basement. —Delivers All Valuable Heating Book Free '* * he Heat t 0 the “ orae , x q Respond* more Promptly than You should secure one of these free Round Oak " a Stove. Pipeless Books, 9 x 12, profusely illustrated, which g. Easily Operated and Quickly proves all of these claims and describes other MaTe 'by “Maker, of Qood distinctive advantages. «iu. Q oo( i a only.” x FOR SALE BY E. D. RHOADES & SON />ms , RENSSELAER, INDIANA

SEVEN HUN SPIES SHOT IN BRITAIN

Another Was Hanged and Many More Are Serving Prison Terms. TRICKED BY DETECTIVES

False News Manufaetured So That Germany Might Be Misinformed— Spies Were of Very Little Service to Germany. London. —In the possession of a sergeant-major of the British military j foot police Is a peculiarly made leather strap —or, rather, a series of straps —for which Madame Tussaud’s doubtless would pay a large sum of money. It Is the strap with which German spies caught in this country and condemned to death were fastened In a J pedal chair at the Tower of London irior to being shot. Like a wise man, the sergeant-major had the strap made to his own design and paid for it with his own money. It is to him a priceless relic of the great war. Germany’s vaunted spy system, like the overboomed, German navy hardly realized expectations. There were, It is true, a great many spies in England, both before and after the war acting on behalf of the kaiser. Most of them were neutrals, and came originally from South American states. The British secret service resembled Its magnificent navy. It did its work as silently and effectively, and the necessary reticence observed as to its doings contributed very materially to the discomfiture felt by the German government owing to the misleading information which “fell” into German hands. Mythical Barrage. In Channel. As a matter of fact, the naval intelligence department, under Rear Admiral Hall, acting in conjunction with the, censor’s department, provided false information to the Germans, an instance being the mythical Strait of Dover submarine barrage revealed by Sir Roger Keyes. Nearly all Germany’s spies in this country attempted to forward their information by post. But thanks to the censor’s staff it was rarely these letters, even although written in invisible Ink, went undetected. All spies were not arrested immediately they were detected. The British secret service, ever considerate, allowed them to send and .receive letters and collect information, but it re-

served the privilege of opening the correspondence both ways and making alterations likely to be of more use to the allies than to Germany. It Is difficult to estimate the value of the Information obtained by this method. The Hun, with his profound disrespect for British finesse, probably never will believe that Britain could be guilty of such astuteness. It Is certain that Germany obtained very little that was useful from her spies In England. From the outbreak of war the ports were too carefully watched to permit of much leakage. Up and down the east and southwest coasts of England were, however, many “hydros,” palatial hotels, built right on the sea, with large copper domes twinkling brightly for many miles out at sea. And the manager was often a German. Eight German spies were executed in this country, while mnny more are undergoing long terms of penal servitude. For obvious reasons the names of many never were revealed. The Imperial government continued to communicate with them blissfully unaware that their agents had gone to a bourne from which not even a German spy returns. The British secret service kindly acted as the spy’s deputy.

Executed In Tower. The execution of these spies is naturally an unpleasant subject, but none the less interesting. After the secret trial and condemnation to death the spy was taken to the tower, there to await the dread summons in the early hours of the morning. Taken from his cell by a party of military police the spy was strapped to a chair in a quadrangle of the tower. There, facing him, about ten paces distant, was a firing party, usually eight men, from the battalion of guards on duty at the time. A low instruction from the officer in command to aim at the heart, a sharp order “Fire I” a burst of flame, and the crack of eight rifles had end> ed the career of another of Germany’s tools. • One spy was hanged at Wormwood Scrubs prison; seven others were shot The hanging cost about SIOO, and, coming to the conclusion that It would be Just as effective, to say nothing of considerably cheaper, it was decided to shoot all spies at the tower. Eight cartridges at three cents each was a much more appropriate valuation of a German. Of the female spies much doubtless will be written by Action writers of the future. Like the men, they succeeded in getting comparatively little information of Value out of the country. Most of them, neither young nor beautiful. like tfus spy of the story writer, are languishing behind prison walls and will remain there for some years to come. British chivalry forbade their execution. , An armload of old newspapers for a nickel at The Democn-t office.

to **■*»■> t

CAP and BELLS

Consoling Thought. “What Is this fearful looking mo*> ster?” “A dinosaur. It dates back to the—^ “Never mind about looking up ttn age. There is quite enough satiafMh tlon for me in the knowledge that I can drive my motorcar all over this blessed country of ours and never m> Into a beast like that.” The Adversity of Genlust “I’ll tell you, gentlemen,” shouted the lecturer, “this is an age wtaa genius is recognized.” “It certainly is," interrupted a Seedylooking chap with the mournful mum tache in the front row. “That’s wl* everybody slips down a side street tfls it goes by.” A Mystery. Newedd —Did you spend as money as this before I married you? Mrs. Newedd—-Why, yes. Newedd— Then I can’t understand why your fgther went on so when I took you away from him.—Bosts® Transcript. f Promises. “I am afraid you have been unabt* to keep your promises." “Yes," replied Senator Sorghum $ “some promises are like eggs. YeuTu* got to break ’em to get at the tnatflu facts and then keeping them becomes out of the question.” Not Definite Enough. Jones —Do you remember me tenth lng you $5 or $lO some six or eight months ago? Brown —Great Scott, man! Do yam expect to raise money on such ambiguous statements of fact as that?— Akron Times. Place your “Wtuut Ad” in Hi Democrat and get reenlta.

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