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U.S. MUST LOAN SAVINGS

EXTRAVAGANCE MUST STOP

NO WRITER ATTRIBUTED

George A. Clark, of White, Weld and Company, in an address before the members of the University Liberty Loan Committee last evening emphasized very strongly the necessity for college men to subscribe to this loan by saving from their allowances. His speech was supplemented by T. T. Scudder '11, of the Liberty Loan Committee of New England, who showed that if the men of the University followed Mr. Clark's advice they would be helping the Government to the limit of their ability.

Few College Men Productive.

"Very few college men are financially productive to any great degree," said Mr. Clark. "You men are expending various amounts on increasing your own productive ability. There are very few of you who can invest freely in bonds to a great extent, for most of you are only in a position to buy bonds either from your savings from allowances or by borrowing on banks, or by selling securities in order to obtain the required funds. Neither of the two latter ways of buying bonds will do the Government much good for in both systems you will be contending with it for the use of labor and other resources. The first plan for investing in the loan, on the other hand, will do the utmost amount of good to the country.

"Many men here are spending money daily on unnecessary little extravagances. It is the duty of the committee to impress on these men the fact that they should give up these things and save that money to buy bonds. If they have not the cash on hand they should invest on the instalment plan.

"You must remember, all the time, that everyone in the United States who buys bonds is doing something to help, but still he is doing but very little in comparison with the men who are giving all their time and offering their lives to win this war. It is only right, therefore, that you do all within your utmost power to give aid to the Government by subscribing to this loan."

The announcement of the formation of sub-committees will be made within the next few days.

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