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The action of the class of 1919 in devoting the entire proceeds from the Red Book of its Freshman year, over $700, marked the first day's campaign of the University Liberty Bond Week. In addition to this large subscription, the Junior class has also made arrangements to devote the class fund to the purchase of the Liberty Bonds with the greater part of the funds in the class treasury. The Red Book money was to have been used for the 1919 Senior Album, but present indications seem to show that there will be no Senior Album for two years.
It has been pointed out by the men who have advised the committee as to the best methods for the campaign that men who cannot buy a bond by themselves may subscribe to one with others in a similar position. Later, in case of necessity, the bond may be sold and its value with accumulated interest divided between them. In this way the loan will reach men who otherwise would be unable to contribute. With three other methods of payment, there is ample opportunity for everyone to make at least a small investment.
An efficient canvass of the University will be made shortly, in which every student will be approached by a member of the Loan Committee. These solicitors are qualified by special arrangement to receive applications and first payments for the bonds. Men if they prefer, however, can subscribe at one of the Cambridge banks.
With only $68,000,000 subscribed throughout New England, out of an allotment of $500,000,000 of the bonds, and with only 12 days remaining in which to secure over $400,000,000, the need for subscriptions from the University becomes imperative. In every other college and university campaigns to aid the Loan have been launched.
Daily reports of the drive in the University are to be made to the captains, and each morning the progress of the campaign and the amounts subscribed will be published in the CRIMSON.
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