Show SAYS FREE SAFETY BOX FOR BONDS IF NEEDED French Banks Give Greater Service to Patriotic Lending Lending Lend Lend- ing Country Money By Milton filton Bronner Of or The rho Telegram Washington Bureau Dureau WASHINGTON Nov 17 MilliOnS Millions of Americans subscribed to the first and second Liberty loan n bonds but hundreds of ot thousands thousand of possible buyers were not reached l and will not bo by succeeding loans unless the bankers provide free safety depo deposit lt for the precious lous papers The speaker was waa Maurice Leon well known Franco American lawyer of NewYork New NewYork York advocating that bankers of the metropolis adopt the French rench method of handling bonds The great obstacle said he to further further fur fur- urther ur- ur ther increasing the number of ot small bondholders Is li summed up In their usual question question After After I 1 buy bwy a a. bond what do I Ido Ido Ido do with It The question is well Iut put Wage Vage earners small shopkeepers and farmers usually tall fall to Invest in bonds because use they have no facilities of ot safeguarding them Even It If they knew all about renting safe sate deposit boxes they could not afford It If It a man buys for tor 50 a Liberty bond which draws 2 Interest per year it Is asking too much to expect him to rent a safety box for 3 per year FRENCH PLAN POPULAR Outside of ot sneer patriotism there is 15 another reason for tor the unanimous financial financial finan finan- cial elal support Frenchmen have given their I government the government the system so 50 worked out that each small smaIl bondholder has his bonds bonds' taken care of ot and the coupons collected for tor him The wage earning class the tho sm small class and the peasant farmers farm tarm- ers era leave their securities at the bank These are entered upon their account and the coupons are collected from time timeto to time tho the proceeds being entered to their credit In order to popularize the Liberty loans still more In this country I 1 suggest the French system be thus thua adapted to our our conditions Savings banks In every state should receive Liberty bonds from their depositors depos depos- The last lam two pages o of each bank bankbook bankbook bankbook book should be devoted to entries of ot deposits and withdrawals of Liberty bonds For example United States government bonds Deposits Oct 1 1917 3 per cent J 50 Dec 1 1 1917 4 per cent Withdrawals wals- wals Nov 1 1 1917 3 3 per cent 50 As the coupons on these bond de deposits deposits deposits de- de posits matured they would be collected by the bank and credited Just as aa Is the Interest on the money deposited This plan does not Involve e a cent o of expense The means o of Identification employed both for tor the protection of ot the bank and the depositor In regard to deposits and withdrawals of ot money would also aiso apply to the tho bonds The same clerks who re receive receive receive re- re money for or deposit would receive bonds The Tho same clerks who pay payout out money would deliver bonds withdrawn ADVANTAGES ENUMERATED Some of ot the Immediate advantages of ot this plan would be I First The FIrst The mas masses s of our people would look upon Liberty bonds as savIngs sayings sav say ings just as they do the money they put In the bank Second Second It It would help those to whom w-hom bond buying Is new and who know little or nothing about clipping coupons and collecting them Third Third It It would cost nothing extra to put the plan into operation Fourth Fourth It It would serve sel further to popularize the Liberty loans I I 1 think the plan could be speedily gotten gOlten ready rendy for tor the next loan loin It If the superintendent superintendent superintendent su su- su- su of ot banking in each state got in touch with the savings banks of ot his commonwealth I 1 believe the banks would be glad to do this patriotic service Also It would still further strengthen them In Jn the esteem o of the people who do business with them |