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Today marks the beginning of "Liberty Bond Week" for the University, in which the committee of eight captains already appointed and teams of five men under each will begin their work. Their aim will be to carry on a publicity campaign by means of banners and streamers and to thoroughly canvass the University to solicit subscriptions to the new government loan. This measure has been prompted by the evident necessity of universal response to this movement throughout the country, and especially in the colleges which have already lost so many men on account of active participation in government service. The vast importance of making this a popular loan was brought home to the committees and teams by Arthur C. Wise at a meeting last Wednesday at which the general methods of the campaign were outlined. The teams intend to get a subscription from every member of the University even though of the small denominations.
The equipments for the teams will be ready in the CRIMSON Building at 10.30 o'clock today and all members of the teams should get them after that hour. The entire committee will meet in the CRIMSON Building at 1 o'clock.
There are three methods of payment on the subscriptions. By full payment; by installments under the government plan; 2 per cent. on application; 18 per cent, on November 15, 1917; 40 per cent. on December 15, 1917; 40 per cent. on January 15, 1918, with accrued interest on deferred installments. A third method of payment has been arranged with the local Cambridge banks: two per cent. on application, and, in the case of a $50 bond, $7 per month for 7 months, or in the case of a larger bond, a proportionate increase in the amount payable each month. A plan has also been formulated by which a group of men who cannot individually buy a bond may subscribe to one together.
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