New-York tribune., 1918-04-17
leaders Spurred to Greater
Loan Efforts by Drop to
Fourth Place
Rest Day of Campaign
In Nation as Whole.
Subscriptions of $137,984,-
roo Swell Country's Total
to 1929, ,6O6,1OO

| After eight days of rigorous cam
,sigpins for the third Liberty Loan
The efforts Of the people gradually to
,.tch up with their quota requirements
are strikingly portrayed in the official
ssures for the period. A national total
of $500 e,606,100 was announced yester-
sav by the Treasury Department in
Washington.
The latest mathematical picture of
what the country as whole has done
in the first third of the financial thrust
for the dollars of Liberty shows an i'm
urovement of s137, ,994,30O over the pre-
yiously announced statistics, the larg-
es: gain for any day since the cam
paign opened. This development brings
the nation-or rather the eleven out of
the twelve Federal Reserve districts
which have reported-within S13O,393,-
900 Of its quota schedule. To subscribe
the minimum of s3,oo0.00O,0OO by May
the pledge will have to average $685.
100000 daily for the rest of the cam
paign.
In New York and the remainder Of
the Second Federal Reserve District the
trend yesterday continued downward
instead III upward. Only S23,23O,S5O
was raised in this district yesterday,
although the daily quota requirement
is s36,000.000 and the daily schedule
10 raise the s1,5O0.000,000 goal is $780,
000,OO0. This increase yesterday
brought the total for eight business
days up TO s215,682, 100, which is nearly
sl3,D00.00 lower than the S2SS 100000
which the New York district ought to
have raised to meet It's official quota
demands The eighth day marked the
first in which this disparity against the
district was recorded.
Overconfidence Blamed
Liberty Loan workers here look upon
the decline with genuine dissatisfac-
ton. There is a feeling among them
that overconfdence has begun to re-
tard the efforts of the inhabitants Of
this district, who announced they would
try 10 fill half Of the $3,O00O 100000 ma
tional quota themselves. Unless the
citizens here begin to look at the loan
subjunctively instead of effectively
nv O. . ~ Vic Sodl may IOt De az
tanned. Every man, woman and child
they say. has got to stop thinking
about grand totals and concentrate on
what he has done to make the financial
offensive for belligerent dollars con-
spicuous and overwhelming success.
q: de B. Greene. chairman Of the
advisory trades committee of the Rain
DOW Committee, at meeting Of his com.
mittee yesterday at the New York Edi-
son Company, sounded a note of warn
ing.
The campaign at the present time
IN New York City is not going we'll"
he said. This means that you gen
tlemen will have to make greater ef-
lorts than you did in previous cam
paigns. Otherwise. the drive will be a
failure
Corporations are not able to make
the subscriptions they did last time, as
they are still carrying bonds of the
last issue, and in addition are bur
dened with income and excess profits
tax payments soon coming due''
New York District Fourth
New York's slump has permitted the
81. Louis. Dallas and Chicago districts
70 pass it In the proportion Of quota
hlled. The totals in eleven of the
twelve Federal Reserve districts are
gwen in the subjoined table. Officia
returns have not yet been received
rom the Minneapolis district. The