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Show GOV. LYNCH URGES WEST " TO LAST BIG LOAN DRIVE i To the Citizens of the Twelfth Federal Reserve District : The Fifth "Victory" Liberty Loan is in sight. Let us thank God that it is not just the Fifth Loan. Victory means the end of the war, tlje end of loans, the dawn of peace and prospprity. It means that the market price of government bond i I will soon stabilize at par or better.1 It also means that commercial, agricultural, agri-cultural, and industrial affairs will stabilize, and that the Hun-inspired . clamor will cease. ' I AVe were advised that the war would last through 1919, probably through 1920, so we were prepared for that; to havri done less would have been suicide. We prepared to crush the Hun on his own ground, and he prudently quit. It cost us some money but it saved the lives of half a million of our men. Yvas money ever better spent? . .Now we have bills to pay, prom-1 1S23 to mako good, our men to bring! home. This will take from five to' six billion dollars. Let us get ready and raise it. A big task, but the last, and therefore easy. All to-' gcther, shoulder to shoulder, and the loan goes over ! j The "Ninety-first" is the Pacific Const Division; remember their & enlevement, and honor ourselves, by living up to it. j James K. Lynch, I Governor, Federal Reserve Bank of San Francisco; Chairman, Lib-i erty Loan General Executive Board, Twelfth Federal Reserve ; District. J So 1 ' S . Lk "I w - - ' - A JAMES K. LYNCH I Governor, 12th Federal Reserve Dlstrit |