. Electric railway journal . just and lasting peace can be secured. Germany is not invinciblebut highly vulnerable. The Huns are not yet defeated, however, and anysuspending or even slackening of effort would be folly. Now, even more thanbefore, the nation must stand united and firm. Hence, push the Fourth Liberty Loan. The thorough, careful organizingof every part of the country to raise five or six billions of dollars is a mammothundertaking, but it can be done. To help bring this about every electricrailway, every employee, must feel individual responsibility. As describedin the Electric Ra
. Electric railway journal . just and lasting peace can be secured. Germany is not invinciblebut highly vulnerable. The Huns are not yet defeated, however, and anysuspending or even slackening of effort would be folly. Now, even more thanbefore, the nation must stand united and firm. Hence, push the Fourth Liberty Loan. The thorough, careful organizingof every part of the country to raise five or six billions of dollars is a mammothundertaking, but it can be done. To help bring this about every electricrailway, every employee, must feel individual responsibility. As describedin the Electric Railway Journal of March 30 in the case of many repre-sentative companies and again in the following letters from additional leadingcompanies not canvassed before, electric railways have exhibited a patrioticsupport of the previous loans, and the work will now be continued. But a100 per cent subscription record for the employees of every company and forthe industry—thats the record that should be made in the coming campaign!. United Railways, St. Louis, Mo. Richard McCulloch, PresidentSubscriptions to Liberty Loans bythe employees of the United Railwayshave been made as follows: First Liberty Loan, 788 em-ployees $39,500 Second Liberty Loan, 2679 em-ployees 109,500 Third Liberty Loan, 4968 em-ployees 270,800 Total, 8435 employees $419,800 In the case of the Third LibertyLoan, every employee subscribed forat least one bond. In some cases the bonds were paidfor in full, but in most cases the com-pany subscribed for the bonds in thename of the employees, the employeessigning an agreement that they wouldpay a certain amount each month. Theminimum payment was $2 a month foreach $50 bond. In a number of cases,however, the employees voluntarilyagreed to pay more than this minimum. More than $60,000 of the bonds ofthe First and Second Liberty Loanshave already been paid in full, and$35,000 of the bonds of the Third Lib-erty Loan have been paid for in full. Where the employees have disc
Size: 1228px × 2036px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1900, bookpublishernewyorkmcgrawhillp
