Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-05-30
LIBERTY LOAN MEETING
MARKED BY ENTHUSIASM

Washington is going to do its bit and
more in subscribing to the two-billion-
dollar liberty loan. If the enthusiasm
manifested at big liberty loan rally
in Central High School last night Is any
indication of the amount that will be
added to the more than 100000 al
ready invested.
Stirred by spirited addresses and
patriotic music played by the Marine
Band, the crowd that all but filled the
big auditorium adopted with thunderous
applause a resolution offered by William
t. Gailiher approving the efforts OF the
liberty loan committee to raise Wash
loan.
When John Poole, chairman of the
committed who presided. announced that
returns up to Monday night showed a
predicted that the amount expected Of
the capital would be oversubscribed
there was another patriotic outburst
that left no doubt of Washington's SYM
pathy with the plans for. financing the
war.
Not for a long time has the capital
seen a more enthusiastic gathering of
it's citizens. 1t was after 10 o'clock when
the proceedings were brought to close
with the reciting of THE Star Spangled
Banner" by Charles B. Hanford and the
playing of the national air by the Marine
Band.
Prominent Financiers Speak.
Charles s. Hamlin, member of the
federal reserve board: Oscar I. Crosby,
assistant secretary of the Treasury:
Carter B. Keene, director OF the postal
savings system: Corcoran Thorn Of the
American Security and Trust Company
and William T. Galliher of the Ameri-
can National Bank were the speakers.
Headed by Commissioner Brownlow,
representatives Of Washington's bust
ness. trade, civic and other organlZa-
tons occupied seats on the stage. In
sentatives Of the official and profess
sional life of Washington.
In urging every home to buy a bond
the speakers pointed out that it not
no safer investment could be found.
Mr.. Hamlin declared that it is war
of Prussian autocracy against world
democracy. and that while it is hard to
realize we are at war. this country
faces probably the greatest danger
that ever menaced it. II the masses
would subscribe to the liberty loan the
war could be financed without any in
dation Of credit, he declared. The
speaker also said that there are 10000
900 people in this country who can az
ford to buy dollar bond,
and that the government Is placing its
hands upon the shoulders of each citi-
zen and asking him to do his part. Mr..
Adoo. who, he predicted, would go down
in history as one of the greatest Secre-
taries of the Treasury this country has
ever had.
Assistant Secretary of the Treasury
Crosby discussed the relatively small
burdens this country so far has been
called upon to shoulder in the war and
said that the buying of a war bond
should be looked upon as a privilege
as we'll as a duty. Americans will be
unworthy of their heritage of free
government. he asserted, If they do
not subscribe to the bonds with a
quickening desire to do all in their
power for their country.
Arouses Patriotism.
Carter B. Keene made a characteristic
speech, in which droll humor mixed
and pictures of democracy ultimately
triumphant kept the crowd keyed up
to high pitch of patriotism. After
why a liberty bond is a
kinds of bonds. which sometimes don't
pan out, Mr.. Keene advised all the
young women of Washington to say to
their sweethearts, You needn't come
around II you haven't got bond"
Corcoran Thorn explained how the
banks are helping to dispose of the
bonds. 1t doesn't matter whether one
possesses a bank account or not. said
the speaker, as he can walk into any
bank and arrange to buy bond by pay
ing IS down and IS month for $50
bond and $40 down and $40 a month for
a 800 bond.
Mr.. Galliher. who occupied seat in
the audience, was cheered when he
arose and stated that Of his four sons,
two already have been accepted for
next Tuesday. He urged every home
to buy bonds and help the government
at this critical hour.
In bringing the meeting to a close, |
Chairman Poole announced that he
wanted each person in the audience to |
consider himself member Of the lib |
erty loan committee. He urged all of
his hearers. to do what they can in in |
teresting others in buying liberty |
bonds. Before the meeting and during |
patriotic medleys and national an
Buttons for Subscribers.
Three thousand buttons for distribu-
ton among purchasers of liberty loan
bonds have been placed in the hands of |
the Washington liberty loan committee. |
They will be distributed with the issu-
ance Of the bonds or the certificate of |
payment on account.
There has been no change in the |
terms on which the government will |
accept partial payments for bonds. !
Some confusion has arisen owing to the
fact that arrangements have been. made |
by private corporations for the sale of |
bonds totheir employees and customers |
upon payment in installments on.a basis |
different from that set forth in the !
Treasury Department circular Such
are helpful to the dis
tribution Of the loan. but do not in any
way change terms of issue
Arrangements have also been made
in some cases for the issuance of GER
tihcates of beneficial interest in denom-
nations of. $40 each. These are not
bonds to the amount of $40 each, as has |
been 80 frequently stated, and such GER
tificates do not in themselves carry any
from the United States gov
eminent.