CANVASS FOR LIBERTY LOAN

At a meeting of the undergraduate Liberty Bond committee and sub-committee last night plans were made for the canvassing of the University for subscribers to the loan. Each member of the sub-committee will cover an assigned dormitory or entry in order to explain personally to every man the necessity for a wide and popular response and the advantages of such a response to the individual.

Circulars explaining the nature of the bond issue together with subscription blanks will be placed in the Crimson building today and may be obtained by anyone. Buttons will soon be ready for issue to all men who have purchased a bond.

The bond committee is hoping to obtain many small subscribers in Cambridge to swell the total throughout the country. There were 8,000,000 subscribers to the last British loan of $5,000,000,000, or a ratio of one in six, and the British are proud that their record was superior to that of the Germans of whom one in ten subscribed to their most recent issue. In contrast to these records is that of the United States in the Spanish War when there were only 325,000 bond purchasers, or one in 256, to the small loan of $200,000,000. The only way, it is said, this country can show that it is fully in the war is by greatly oversubscribing to the Liberty Loan, and establishing a record ratio of bond purchasers.

By special arrangements with the Cambridge Trust Company, a deposit of two dollars must be paid on application by June 15, and weekly instalments of two dollars thereafter for 24 weeks. Interest at the rate of at least two percent, will be allowed on the deposits as made.