New-York tribune., 1917-06-02

An overwhelming success Of the loan,
Mr. Kahn declared, would be equivalent
10 victorious battle. Patriotism, ma
+ional pride and self-interest require
that the issue must be overwhel elming!y
successful, he said, because the con-
tinuance Of our prosperity Is dependent
Mr.. Kahn took fling. at the rest Of
the country in matters of finance by
changing il with the feeling that
the New York business man would a.
ways be ready to shoulder the burden
Sometimes | wish George (the New
York business mani was little less
easy-going," he added, land would
show mis- teeth little more to MS de
tractors. am inclined to think u
would do good all around"
Urges "No Panicky Saving
Mr.. Kahn urged that the business,
mans slogan during the war should
he "No panicky saving and no excessive
profts." A serious decline in business,
be warned. would make the country less
able 10 provide the sums necessary 10
be raised by taxation, and borrowing 70
conduct the war and would have ten
dency to produce war WEAKNESS.
There should be more than a normal
margin Of profit, according TO Mr.. hahn;
because of the greater risks lnVolVeu
in doing business during wartime. 1T
the matter of economies he urged the
nractice of those that will have a crea.
tive effect. such as avoiding waste OF
food and material, drinking and late
entertaining. He made the statement
that the worst and least permlssap, e
wav of saving during the war would
be for people Of means 70 cut down on
their charitable contributions.
We'll known bankers, brokers, judge
and other prominent men are scheduled
10 90 into vaudeville next week IN the
interest Of the Liberty Loan. ne
Keith and Loew circuits viii be used
for this purpose. ,,..
Loan partfripation certificates was
demonstrated Yesterday by the demand
~ the headduarters Of the distribution
coromittee at 80 Wall Street. No sales
we're made in less than $4,000 blocks
II is the intention Of the committee
20 sell only blocks Of this amount or
LARGER as the work OF distribution
direct to the public viii be handled by
banks. department stores and corpora
tions.
Offer Closes June IS.
Arthur VI. Anderson, executive man
acor Of the Liberty Loan committee
stated Yesterday that the offer Of these
certificates would close June 10 and
after that date only certificates that
NAV be in the hands Of stores, banks
and corporations will be available
For the bereft Of purchasers ol
Liberty bonds who have no safe deposl'
boxes or bank connections the Liberty
Loan committee announced that tne
New York State Safe Deposit Associa-
fion has recommended TO all its mem
bers that they take custody Of one Soo
bond or one 800 bond without charge.
The Savings Bank Association OF
Now York has recommended TO all lts
members that they buy single bonds on
the instalmCnt plan and take custody
Of such bonds without charge.
The Clearing House Association ana
The Liberty Loan committe" have
recommended % all banks and trusi
cornpanies that they take custody o.
Liberty bonds without charge up TO
1000.
Subscriptions 20 the loan that were
announced yesterday included the fol-
lowing: Hayden. Stone e. Co.. Of Boston,
for themselves and clients, $lO,OOOOOO;
Citizens National Bank, S3,OOOOOO;
Adolph Lcwisohn g. Son, S2,5OO,OOO;
Castor, Williams & Wigmorc, $1,000
600; Lehman Brothers Including sub
scriptions from employees, $l.OOO,OOO;
Sutro Brothers & Co.. $l,OOOOOO;
United Drug Company. OF boston,
100000. II. +. Sinclair, 100000; Mo
hawk Mining Company 100000 add
Gonal. bringing total subscription up
20 81 100000. Francis Lynde Stetson.
$3.50. 600; Mortgage Bond Company Of
New York, $4,000; Moore & Perry,
$50. 900: Jacob Wertheim, 100000, and
the Traffic Squad Benevolent Society
Of the Police Department, $4,000.
Art Museum to Aid
Robert W. De Forest, president Of
the Metropolitan Museum Of Art, an
nounccd thHt the museum had notified
sll its employees that II would sub
scribe 10 the loan for any Of them upon
4 10 per cent down payment, the bal
anee 10 be paid in twenty-four semi
monthly instalments out OF their salo