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Show FATR'OITIC SPIRIT SHOWN IN CAL. San Franslco, Cal Approximately $ 500,000 has been subscribed during ten days in December, by somo six hundred pah-otic citizens of Califor-' nla, Arizona, Nevada and Utah to Ticasury Savings .Certificates of tho 1919 issue In 'response to a letter 'sent out by Governor John U. Calk-Inn Calk-Inn of the San Franslco Fedoral Re-servo Re-servo Bank. Mst of thu subscrltp-Ions subscrltp-Ions came from California. In tho letter, Governor Calkins, after pointing out the necessity of continued buying of Government so-said: so-said: .. "It is fitting that the Government should continue to go to t,ho res; ponslble Americans such as yourself with thes securities, because, after ill, it is tho people who must pay for tho war In one wayor another, cither through lending their money to the Government, or through taxation. Thcro is great danger that your state which has never failed in war financing, financ-ing, will not reach her quota by December Dec-ember 31, 1919. Tliorefore, I appeal ap-peal to you to exert overy effort you can to purchase the securities to the limit and to urge upon your friends and business acquaintances, and their families likewise, to continue the patrotolc lending of their money to the Government." These subscriptions coming in overy mall to tho Federal Resorve Bank Indicates that California, at least, will como wllthln striking distance dis-tance .f her War Savings quota for 1919. The Treasury Savings Certificates Cert-ificates are grown up War Savings Samiflia denouilnaU,Ionar.ott$ipo and $1000. They aro registered securities, sec-urities, cairylng four per cent interest inter-est compounded every three months, and run, for ,flve yora Thqy ar.Q virtually vir-tually discounted bonds, tho! purpBi aseri paying., this month for a $100 certificate $84.60 and for a $106q' certificate $846. ,, Many of tho purchasers thought tho securltltcs to give. aL Christmas presents, and banks throughout tho District, as woil as post offices, aro reporting heavy demands fpr not only Treasury Savings Certificates but for War Savings Stamps, selling this month at $4.23tThe Government is stimulating the giving of Its securities, sec-urities, Including Liberty Bonds, this ycaT- In order to better tho credit situation sit-uation and thus induce as quickly as possible a return to normal production produc-tion and normal prices. - . i - |