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TREASURY DEPARTMENT
NATIONAL

WASHINGTON

WAR SAVINGS COMMITTEE

February 13, 1918.
Dear Sir:
It is very desirable that we should have from each of the State
Directors an approxinate survey of the }?l'Ogress of the War Savings Campaign in each of the States, say, as of March 1st,
I rvould S1'!f£!;est that
you do not lay dow·.a any fixed form of report, but leave it to the jud.gn1ent
of each State Director to tell his story in his own way, either in words
or figures, or both, cLS he prefers.
We find a very great difference in .the progress which has been
made in the various States, and even in the different counties, cities and
towns of the satte States.
We want to hear of those cases \vhere notable
progress has been r.Jade, in order that we r;ay find out what causes have
contributed to those results.
I am told inforr.ally that in several States the full q,uota will
probably have been subscribed by the first of Iv1ay, whereas in other States
it is said that this can not be expected.
Mr. Vanderlip le'ft a few days ago for the Pacific coast, after
a rather serious il:i.ness; but I know he is intensely intere~ted in the results of the campaign, and I should be glad to be able to report to him
the concensus of ~pinion of the Federal Directors and the State Directors.
Personally I feel very much encouraged abo·11t the c&:paign.
I
think We have a wonderful organization, and the average sales already running over $2,000,000 per day, are going to mount steadily to at least
double that figure.
As I have said before, in another connection, we are not conducting a Liberty !Joan Car.1pa:~gn, and we ought to do nothi.ng to interfere
with the campaigns c.,f those Caamlitt.ees.
The work r:ld.y overlap scmewhat 1
but our job is :pr.il'llf.l,r.Dy to get subscriptions from the 90,000,000 of
people who have no,:; ancl. can not subsc:d.oe to Liberty Loan bonds.
The
question for the Liberty Lo"'"n fellovv is how mr1-~h can he raise; our job
and our slogan is hmv n:r.u11: people can we-intere;t in our car;1paign.
Very truly yours,

Acting Chairnan.

X-724