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Bonners Ferry Herald
Bonners Ferry, Boundary County, Kootenai County, Bonner County, Idaho
What is this article about?
On April 20, the US third Liberty loan campaign reached $1,371,055,300 in subscriptions, half the $3 billion minimum goal after two weeks. Compared to Germany's $3.46 billion for their eighth loan. Total US war loans: $7.7 billion. Treasury appeals to surpass Germany. Needs $1.63 billion more in remaining days.
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In Comparison With Germany We Are a Trifle Slow With Our Money.
Washington, April 20.—As the nation tonight completed half of its four weeks' third Liberty loan campaign with subscriptions of $1,371,055,300, or a little less than half the $3,000,000,000 minimum total reported to the treasury, cable dispatches brought word that Germany's eighth popular war loan was just closing with $3,461,000,000 subscriptions.
Tonight's treasury figures brought the total of the American people's contributions to war loans, including the first and second Liberty loans in one year of war, up to $7,719,000,000. With the addition of the eighth loan Germany has raised from her people in a little more than three and one-half years of war about $20,500,000,000.
Germany's record as compared with the United States was made the subject today of a treasury appeal "to beat Germany with both dollars and guns."
In the 12 working days remaining in the third Liberty loan campaign $1,629,000,000 must be raised to pass the $3,000,000,000 mark, and this will require a harvest of $125,000,000 subscriptions a day. In the last two weeks they have been reported at the average rate of $114,000,000 a day.
Today's reports from district organizations added $166,341,000 to the total.
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Where did it happen?
Domestic News Details
Primary Location
Washington
Event Date
April 20
Outcome
subscriptions reached $1,371,055,300, half of $3,000,000,000 goal; needs $1,629,000,000 more in 12 days at $125,000,000 daily; today's addition $166,341,000; total us war loans $7,719,000,000; germany $20,500,000,000 total
Event Details
Nation completed half of four-week third Liberty loan campaign with $1,371,055,300 subscriptions. Germany's eighth loan closed with $3,461,000,000. Treasury appeal to beat Germany with dollars and guns. Average daily subscriptions last two weeks $114,000,000.