OCR Text |
Show COUNCIL DISCUSSES LIBERTY LOAN ISSUE Methods of Floating State's Share of National Allotment Allot-ment Considered. SCOTT IS A SPEAKER Reserve Board Representative Representa-tive Meets With Governor and Other Officials. I Methods of floating Utah's proportion propor-tion of the Liberty loan were the principal prin-cipal topics of discussion before the state council of defense in the executive board room at the capitol yesterday afternoon. af-ternoon. W. P. Scott, representing the headquarters of the Twelfth federal reserve re-serve bank district, of San Francisco, held a conference with the Salt LaV Clearing House association earlier iVw the dav and was the guest of the coun-cil. coun-cil. ' ' Outlining the plans that have been adopted in other western states to float the bond issue, Mr. Scott said that upon examination of the steps that have been taken here Vtah has its work as well in hand as any other western state. The work in Utah is better organized Ihnn he had hoped, he said. Mr. Scott will remain in Salt Lake until the matter of organization for floating the loan is completed. He has tendered his aid, through the state council, to all organizations that are working to the same end. Bankers to Have Session. John Pingree announced that a meeting meet-ing of th6 Salt Lake Clearing House association as-sociation had been called for this morning, morn-ing, to be held in the board room of Walker Brothers' bank, to put the matter mat-ter clearly before the bankers. On behalf of Dr. E. G. Peterson J. Edward Tavlor announced that the full organization of the Agricultural college col-lege has been tendered to the council to co-operate in all matters relating to food, conservation and farm labor. The council tendered its thanks to the college. col-lege. " ... In order to co-ordinate the activities of the council, C. C. Richards presented a resolution calling for the organization of county councils of defense in all counties. The organizations already effected ef-fected in Salt Lake. Weber and other counties will be fullv recognized. A telegram from Herbert Hoover, head of the federa food administration bureau, was read, asking for aid in formu.ating plan for the work of the bureau and for the aid of the council in carrying out that work. His message, in part, was as follows: Message From Hoover. j It is mv aim to decentralize this J" work into state administrations at even- possible point, and this is espe- j cially desirable for handling local prob- i Itms. as distinguished from interstate j problems C. B. Stewart chairman, and George j T Odell of a special committee recommended recom-mended that the state council communicate communi-cate with congress urging that a law be enacted prohibiting the killing of female i food animals that can be used fo-- Dreed -' ing ft was recommended also that for-I for-I est 'officials be asked lo prepare a report i of livestock ranged in reserves in the ; last five vears, to determine if livestock 1 Is increasing or decreasing in numbers, letters will" be sent to bankers urging them to aid livestock men and the livestock live-stock men will be urged by . letters to save their female animals. The committee on publicity of registration regis-tration dav reported progress. Full cooperation co-operation is being given by every department de-partment of the state government lo earn." on this work. Efforts will be made to give such publicity to registration day that everv citizen may appreciate t -e deep significance of the day and its duties. The council made an appropriation appropria-tion to cover the purchase of badges for registered men. Bond Dealers Are Few. During his call upon Governor Bamberger, Bam-berger, Mr. Scott, who is a member of the firm of Bond & Goodwin, dealers in bonds and commercial paper nt San Kranciseo. said that he was one of seventy bond men of the Twelfth reserve district who have given their full time to the matter of educating the people to the need of subscribing sub-scribing for the liberty loan bonds. He said : Dealers In bonds are few in the west, outside of lxs Angeles ami San Kranciseo, and as a result the people generally do not understand the advantage ad-vantage of being bond owners. It is the purpose of the seventy bond men who have given their time to this work to educate them. We will co-operate with the clearing clear-ing house associations and with individual indi-vidual banks, and by tills means will reach every depositor with a circular ,,-v-leiter. delivered by his own bank, -advising him of the principal factors that make the liberty loan a good and substantial Investment. We will show also why it Is every patriotic American's Ameri-can's duty to invest in these bonds. Postnl cards will go to these depositors de-positors asking them to give noiice of the amount of bonds they will take. All corporations will be urged to take up the matter of financing bond purchases by their employees nnd every ev-ery means will be employed to make the subscription a nntlon-wlde matter, mat-ter, as it is of nation-wide importance. impor-tance. We want to get the strati money the $.'-0 and $100 b.inds out. That Is where the butk of the money shouM come from to successfully prosecute the war. As soon as It Is clearly understood that the government govern-ment ef the Vnlted States Is behind every bon-1 the people will subscribe more readily. |