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Domestic News
December 18, 1918
The Laramie Republican
Laramie, Albany County, Wyoming
What is this article about?
The First National Bank receives a circular from J. Z. Miller Jr., chairman of the government loan and savings organization, urging bondholders not to sell Liberty bonds below par, emphasizing retention as patriotic, and advising to borrow on them or use bankers for sales. Vice President Jones reports sharpners buying bonds cheaply in some places.
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Full Text
BONDHOLDERS URGED
NOT TO SELL BONDS.
The First National Bank has received a circular from J. Z. Miller, Jr., of the Federal Reserve Bank and chairman of the government loan and savings organization, urging people not to sell their Liberty bonds, declaring it is just as patriotic to retain them as to buy them.
"It is better to borrow on them than to sell them below par, but if you must sell, let your banker handle the transaction."
Vice President Jones of the First National has been informed that in some places, not here as far as he can learn, sharpners are reaping a rich harvest in the purchase of these securities away below cost.
NOT TO SELL BONDS.
The First National Bank has received a circular from J. Z. Miller, Jr., of the Federal Reserve Bank and chairman of the government loan and savings organization, urging people not to sell their Liberty bonds, declaring it is just as patriotic to retain them as to buy them.
"It is better to borrow on them than to sell them below par, but if you must sell, let your banker handle the transaction."
Vice President Jones of the First National has been informed that in some places, not here as far as he can learn, sharpners are reaping a rich harvest in the purchase of these securities away below cost.
What sub-type of article is it?
Economic
What keywords are associated?
Liberty Bonds
Bondholders
First National Bank
J Z Miller Jr
Vice President Jones
Federal Reserve Bank
Government Loan Organization
What entities or persons were involved?
J. Z. Miller, Jr.
Vice President Jones
Domestic News Details
Key Persons
J. Z. Miller, Jr.
Vice President Jones
Outcome
urging retention of liberty bonds; warning of sharpners buying below cost in some places.
Event Details
Circular from J. Z. Miller, Jr., to First National Bank advising bondholders not to sell Liberty bonds below par, to borrow on them instead, or use bankers if selling; patriotic to retain as to buy.