Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-10-03
Liberty Loan Attracts
\ Ordinary Citizens
Continued from PAGE One

Continued from Page One
money with which 20 win the war The
Liberty Loan investor gets paid fer lending
Uncle Sam his money.
large number OF these small subscrip-
tions were announced today The Indus
trial Title and Trust Company, Front and
Norris streets announced subscriptions for
the first two days Of the campaign aggre-
eating 100000.
Subscriptions amounting to S25OOOO
were announced by the Penn National
Bank The Racquet Club reported $50 900.
Application blanks on which application
for a Liberty Bond can be made at any
banking institution nuttered into Phila-
delphia like n snowstorm today from the
printers Before nightfall, the committee
hopes thousands upon thousands of them
will be covered with signatures. Thousands
of solicitors are out upon the streets this
morning, urging Phiadelphia's citizens TO
wake up to the best financial investment
| they could possibly make.
Among the big banks which took one mill
lion dollars worth each of the new issue
yesterday, for their own investment and not
for their customers were the Girard Ma.
tional and the Corn Exchange National
UNIQUE PARADE
Captain TEX" Ritchie, the strong man."
| who has been active in recruiting work for
several weeks, was head of a unique and
colorful pageant today in the interest of the
Liberty Loan. Ten carriages decorated
with Liberty Loan posters flags, flowers and
| bunting carrying ten girls each dressed
| in evening gowns, were assembled on the
| North Plaza of City Hail. The carriages
were connected with one another by ropes
and promptly at IL o'clock Captain Richie
| took hold of the shafts of the first car
| riage and drew the entire train around
| City Hall, down Broad street to Chestnu.,
| Chestnut to Independence iiall, Sixth street
to Market and Market to City Hall.
on the way, the girls sang many patri-
| otic songs and at intervals Mr. Rtchie de-
llvered brief addresses about Liberty Bonds.
Leading the procession there was a man.
moth float decorated with Liberty Bond
posters.
At a meeting at the Belevue-Stratford
| yesterday Philadelphia bankers appropri-
ated $4,000 for advertising the second Lib
| erty Loan, to be spent at the discretion of
| the Liberty Loan committee in advertising
| in the Philadelphia newspapers. 1t was
| stated in connection with this that at a con-
| ference Of the committee with the leading
| newspaper publishers earlier in the day the
latter had agreed to give $4,000 worth Of
| space for $4,000.
1t was recommended that a certificate
bearing per cent interest be issued on the
| date of sale to investors who paid cash for
their bonds the certificate to be surrendered
on delivery OF the bond or bonds purchased.
| This would encourage the payment in full
| of small subscriptions and eliminate much
| of the clerical work incident TO the time
| payment system. Eor time payments GER
| tificate bearing no interest is to be issued.
| Relative to the installment method, the em-
| ployment of a reliable card system was
| recommended In order to safeguard the
| savings societies which pay only ga per
| cent it was proposed that the subscriptions
| of depostors in those institutions be handled
by them
Conversion of the first issue OF az s to the
| new As will be undertaken by the Invest
| ment Bankers Association, the proposal to
| buy in the old bonds in small quantities and
| dispose Of them in large blocks winning the
| approval of most of the bankers present.
Firms with large selling organizations
| were urged to undertake the sale of the
Liberty Bonds in connection with their reg
| ular business.
u. T. Stotesbury, head of Drexel & Co.,
| issued this statement this morning:
"The country has entered the greatest
| war the world has ever known. If the
| United States and it's allies are to be sue
cessful-and we must be successful-a new
| world will be born.
| 1--WE must win
ITO promote vigorous prosecution Of the
war and the achievement of an early and
lasting peace the Government must have
| money. The Government does not ask
you to give, but to lend, and for this loan
| will pay liberal interest, and will repay the
principal when due We all owe 1t to civil.
zation to buy as many Liberty Bonds as
we can afford A subscription to the first
loan does not relieve us of our present duty
'More money is an absolute necessity.
surely the people of Philadelphia will
not fail to respond to this CALI"
Nathan T. FolweIl, president of the Man.
ufacturers Club, declared:
"To those who stay at home It should be
not only pleasure and privilege, but a
I. fEAnaN
I'VE want to knock out the K2iser and all
his coterie of Prussan militarsts who be.
lieye in the doctrine that Might is Right
| a sacrilegious set who call On God to heir
them in their murderous warfare on womer
and children.
"a large subscription TO the new Liberty
Loan will show the Kaiser that we near
business-that we are unit and stand
| back of our President to the fullest extent II
| prosecuting this war to the finish.
'It will give courage to our soldiers, tc
our allies ana even the Russians cannot
help but feel that a new light is about tC
dawn on their distracted country.
EVERY wage-earner should do his bi
and bear in mind that II is not charity, bu
an anchor to windward-a saving fund fol
the future"
William T. Gest, president Of the Fidelity
Trust Company, asserts:
mo war in which America has hitherto
engaged has had the universal and IRE
sistlble appeal of the present Every In
stinct of self-preservation. every impulse
of chivalry, every sentiment Of honor, ever!
aspiration Of patriotism, every dictate o.
conscience impels us with the invincibl'
gesture Of necessity.
ITO u.s. On whom falls the duty Of rails
ing the funds, there is allotted small par
of the common burden. Let us accept 4
with gladness and determination"
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Gloucester Schools OvercrOwded