New-York tribune., 1918-04-08

Barnum q Bailey circus, Will ride up
Fifth Avenue.
Twenty elephants and ten camels
have been promised to participate in
the first pageant of this kind that ha.
been allowed in New York in thirty
five years. The procession will start
at 10 O'Clock in front of Madison
Square Garden, and will proceed
through Twenty seventh Street to Fifth
Avenue and up to Fifty-seventh Street,
to Madison Avenue and down Madison
Avenue to the Madison Square Garden.
Following the elephants will come
the camels, guided by volunteer riders
from the circus. The Liberty Loan
Committee has also arranged float
from which girls dressed in Liberty
costumes will wave pennants on which
will be inscribed invitations to buy
bonds.
Stehlin to Boom Loan
Another appeal to human interest
through spectacle will be the flight
Of Lieutenant j. c. Stehlin, an Ameri-
can "ace." across the state. With the
same skill which is said to have guided
his flight over the German lines and
which brought him safely home after
telling three German aviators, Lieu,
tenant Stehlin will pilot Liberty air
plane over the state. Instead of dron-
ping bombs Of destruction, he will free
thousands of handpills bearing reasons
why Americans should subscribe to the
thlrd Liberty bonds.
According to the present plans, the
lieutenant Will stop at thrty-fve
cities. give exhibitions of his skin as
tlier, make addresses to the crowds
and tell them the details of modern
warfare as the Germans fight it, and
ne VIII urge his auditors to convert
their spare money into government
bonds. '
Lieutenant Stehln will leave Thurs
day on his twenty day flight. and he
hopes to sell $1,000, 900 worth of bonds
before he returns.
Menocal Indorses Loan
Felicitations for the success Of the
Liberty Loan have come from Presi-
dent Menocal, of the Republic of Cuba.
IN cable TO Victor Hugo Barranco,
special agent here for the Cuban pov,
crnment, on his appointment to serve
on the American Liberty Loan
Committee. His message:
The organization Of this campaipn.
coming as 1T does at a peculiarly sig
hliicant phase Of the battle that is be-
ing wagcd for tho liberties of the
world, marks the first anniversary of
the entrance Of the United States into
the war.
ut is but meet that the sister de-
mocracies of America lend their aid
to raise the sinews with which to
prosecute vigorously the struggle that
can only end with the full vindication
OF the principles which form the basis
OF our own Independence
Please convey to other members of
the committee my cordial greetings
and sincere good wishes for the sue
cess Of their efforts"
Features Of New Bonds
c. II. Kelsey, in discussing tho tccb-
meal features Of the new bonds, de-
clarcd: w
-" hlle there may be varying views
about the terms of the now Liberty
Loan, there arc no differences of on;n-
JON about The duty which every one Of
US owes to our country to support the
issue ana buy the bonds. The govern
iheht VIII have TO provide the means
,oi Na'f ylHP on inc war, no matter how
long 1T lasts, and we should all do II
patrIotIcally and enthusiastically. be-
lleYc We VIII.
There are new features in the pres
cnt Offering that make it attractive as
an investment. One of them ls that
the bonds viii be received at par and
interest IN payment Of inheritance
taxes. This viii make them very de :
cradle for the wealthy, who. by pur-
chasIhe th,em' can equip their ex-
ccutors with an easy means Of nuvino
hcaYy inheritance taxes without havS
ing - turn securities into cash or
making application for large loans
from the banks.
"rhe provision also Of sinkino
fund from which purchases can be
made so that the bonds viii be less
likclv 10 drop below par. and in con
sequence force a higher rate on the next
ssA1s,. IN Vory advantageous, It. shpvId
ssnd the outstanding ~, which viii bs
convertible into che new 4As, much