They are in distress. Over there. The news dispatches tell us that the emperor has grown old and gray. If this be the effect of the war upon him, what do you think of the weariness, the misery of the millions upon whom is falling the fear of a losing conflict? Their armies are in retreat, their people are discouraged, demoralization may be near at hand. One thing has already been made clear even to those people and that is that they cannot win. If in addition to the program of the last few weeks—the man-power bill, the tax bill, we as a people hasten to subscribe for this loan it will be another notice to an already discouraged people that the continuation of this war is a useless and indiscriminate murder of their own countrymen. It is an opportunity for each one of us to do our part and do it quickly and cheerfully toward helping speed the war. Loan your credit to the government and thus do honor to those who whose names you have inscribed upon this tablet. Loan your money to the government and thus help to hasten to a conclusion the conflict and perhaps save the lives of many a one of your countrymen over there. Loan your credit to the government promptly and gallantly and notify those who still seek to inject courage into the drooping spirits of their countrymen that a nation of a hundred million free people are bent on victory—it will make victory easier, quicker and more conclusive. 