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M I S C L . 1 4 -8 -2 8 -1 8

FEDERAL RESERVE BANK
OF D A L L A S

Circular No. 25
Series of 1918

Dallas, Texas, May 20, 1918,

TO THE CHAIRMEN, SUB-CHAIRMEN AND ORGANIZERS CF THE LIBERTY LOAN
COMMITTEES OF THE ELEVENTH DISTRICT*
I know that you, and a l l members of your committee, w i l l f e e l person ally
in te re s te d in reading the fo llo w in g telegram which I Ijave just received from
the Hon. Yif. G. McAdoo, Secretary o f the Treasury. Ae the organizer and d i ­
re c to r of th is most successful L ib e rty Loan campaign, Secretary McAdoo appre­
cia te s how much your work had to d6 w ith that success, and desires you to ac­
cept th is as a personal message from him*
S in cerely yours,
R. L* VAN ZANDT,
Governor *

,?
R* L, Van Zandt, Governor,
Federal Reserve Bank,
Dallas, Texas.
Please accept m warmest congratulations on the magnificent success of
y
the Third L ib e rty Loan. I t is a triumph o f sound war financing and is highly
c re d ita b le to the in t e l l i g e n c e and p a trio tis m o f the American people,
I hope
that every purchaser of bonds w i l l keep them fo r his own good and for his
country’ s sake, I am proud o f the great work the o f f i c e r s and employees of the
Federal Reserve Bank of Dallas have done, To the p a t r i o t i c men and women of
the L ib erty Loan Committees and organizations throughout the country who have
served with such extraordinary unselfishness and enthusiam too much praise
cannot be giv^n.
I wish I could express to each one of them p ersonally m
y
g r a t e fu l appreciation, but as t h is is impossible w i l l you kindly send th is
message from m to a l l L ib erty Loan organizations in your d i s t r i c t . Great
e
are the resources o f America, but g rea ter are the unconquerabIs soul and s p i r i t
o f her p e o p le ,,
V G. McADOO
/.

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