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Show I 'CREDIT OF NATION IS NOW INVOLWD SAN FRANCISCO. Oct 12. William G. McAdoo, secretary of the treasury, treas-ury, sounded a new note in his campaign cam-paign for the liberty loan here last night when he warned the nation that should the present or any subsequent issue of bonds fail during the war with Germany the credit of this government would be impaired with disastrous results re-sults to the country. "If the credit of the nation is un- dermined," tho secretary declared, "what is property worth to the rich man; what is lifo worth to tho free man?" Insisting that government bonds were tho safest investment in the world for tho citizens of tho United Stales, ho said that their investment promoted national safety and made property secure. He told the immense crowd gathered to hear him that if the present liberty bond issue was not greatly over-subscribed the fact would be spread broadcast through Germany, where is would be accepted as a plain indication that the American people were not back of their government in waging war on autocracy. "Such nn outcome," the speaker commented, "would unquestionably have tho effect of greatly prolonging the war." Last night's speech was Secretary McAdoo's forty-seventh on his present liberty loan tour. He will leave for San Diego for a two dtiys' rest tomorrow tomor-row and then, after speaking at Los Angeles ho will begin his homeward journey, stopping at Salt Lake City, Denver and other points. The secretary expressed the fullest confidence that the farmers of the middle mid-dle west and northwest, to whom he had been speaking the past ten days, would subscribe heavily to the loan. |