| Show Bond Drive To Seek Hidden Dollars Banker Tells Ut hns To Put Money In Earning Column Money to finance the continually continually continually ally gr growing wing expenses o of ot war is available providing its owners will bring it out of ot hiding and can be convinced that war bonds are arc the mst most desirable vehicle for fot its employment em em- This along with many other appeals appeals appeals ap ap- ap- ap peals in behalf of ot the coming huge sixth war loan drive Nov 20 to Dec 16 was made at a conference e of drive officials and workers numbering numbering numbering num num- bering about Friday at the thc Hotel Utah Newell B. B Dayton Salt Lake City bankers' bankers section chairman war finance committee pointed out that much of or the money that could be put in the earning power column is in checking accounts hid in and sugar augar bowls in savings accounts safe d deposit posit boxes and other types of investment invest Invest- ment meat It HIt is difficult he asserted to understand why a a person will hoard currency in in ina a a. safe saCe deposit box when a aj bond which is ulso aIso an obligation of the U. U S. S government is s available and j just st as safe safes with earning power Furthermore m most st safe deposit regulations prohibit the thc holding of cash Huge Reservoir The greatest reservoir of funds is in the banks where depositors in the nation have assembled assembled as assembled as- as a huge sum of money and would welcome the chance of safely investing a portion of it Air Mr r. r Dayton told the men and women responsible for lor putting over war loan drives that the money requested in the coming drive would be bc definitely needed even though the German war should end tomorrow He added that the Jap conquest with thousands thousands thousands thou thou- sands of miles of supply lines is expensive Objective of ot the whole sixth war loan drive is for us to sell worth of U.S. U.S. U.S. U. U S. S securities during the four weeks week the drive is on said D. D Howe HoW Moffat executive manager W F C C. First the quota is divided between individuals and corporations Individuals Individuals Individuals In In- must purchase worth while corporations must purchase War drives arc are not the whim of any anyone one man continued Mr Moffat they are a necessity thrust upon us by a ruthless enemy enemy enemy en en- emy and so BO the timing and the objective of each drive is dictated by necessity and the same enemy Mr Moffat told of the work the schools will do and said the quota for tor each high school student willbe will willbe willbe be about 25 and that each high school is being given a quota He pointed out that this will be one way of carrying canning the program home to the parents Victory Certain In a speech prepared for or delivery delivery deIty deIty- ery cry at the conclusion of the conference conference conference con con- ference Friday afternoon Earl T T. Ross Washington D. D C. C associate field director W VE V F D said he was confident that Utah quotas can be met We Ve are sure too that every county committee will have the I determination to exceed the county quotas by a generous margin We have perfected a selling organization organization organization ready to go to work In Inthe Inthe Inthe the nation in every ery state ta e and county Uncle Sams Sam's war var finance committees are stronger and more capable than ever Mr Ross said labor and industry will put their efforts to deliver sixth war loan bonds to every American worker Full cooperation of labor groups Continued on Page Thirteen |
