New-York tribune., 1918-05-01
Slump, Instead of Rally,
Marks Advance Into Cam
paign's Critical Stage
Total for Nation
Is $2,457,744,900
Monday, With $174,433,'
600, Was Most Produc-
tive Day Of Drive

4
per;od Of the Liberty Loan campaign
Yesterday, the New York district fall
tered. Instead Of rallying ii slumped.
The Second Federal Reserve District,
already far behind, somersaulted from
tenth to eleventh place among the
twelve districts Of the United States.
The Richmond district traded rela-
the places with this district, and the
Atlanta district, which until yester-
day seemed hopclessly last, spurtcd
magnifcently from a subscription Of
81 Der cent Of her allotment to 5S per
cent. New York, therefore, is now only
seven points away from the cellar, and
the people Of the district have only
until Saturday to reassert their former
primscy in the nation.
Although this district must raise
ssl5e5A5O daily to catch up to it's
sseoN00AO0 quota ans S181, 1,595,460
~ daily TO attain the sa.5oo. 900 900 goal,
Only $2s,6e3,Soo was raised on the
tTentieth DAY OF the campaign, which
vas Monday.
Fas Below Last October
The full measure Of this inadequacy
Is revealed by a comparison with the
total for the twentieth day in this dis
trict during the second loan drive last
october, when S161, ,252, 100 was raised.
The tabulation for the first twenty days
OF this campaign shows that only $685.
022,700 Of subscriptions were filed in
the Federal Reserve Bank. against
SSl4,03O, 300 last October. The minimum
Was oversubscribed in the preceding
campaign by the twentieth day.
Elsewhere in the nation the Official
statistics Of yesterday tell more IA
vorabie story. In twenty days the ma
ton has raised as whole in eubscrip-
tions actually filed $2,457,744, 800, which
includes total of $174, ,443 600 for Mon
day, the most productive day of the
financial offensive for Liberty dollars.
Every Federal Reserve district. ex-
eept Richmond, New York and Atlanta,
mas subscribed rs per cent or more Of
lss quota. Although the San Francisco
district in the official figures is cred
tied with filling only 8S per cent Of it's
aliotment. unofficial advices from the
Coast last night announced that the
district had surpassed its quota by
N,ooo,ooo. minneapolis, which began a
week late. is still at the top Of the
table Of relative achievements. having
subscribed S131 ,9S2 800, which is 25 per
cent in excess of it's official allotment.
%. Louis has filled 1T per cent of its
quota and Kansas City 110 per cent.
Appeal From General Foch
An appeal from the centre Of the war
s.;ay se;.lsl'y Tor America to give without
nint yesterday reached Benjamin
ST.rong. chairman Of the local Liberty
Loan Committed. The message. which
was from General Foch, supreme com
mander OF the Allied forces in Franco.
follows: -' ''-~o'
with magnificent ardor America
nag thrown herself into the war. Her
soldiers are fighting valiantly on our
'front.' but. above all, money is the
s'new OF war. / am convinced that
american thrift will respond to the
.ai1 OF the country and will contrib
s.s u.s 10 her the help SO important in
this combat.
The expected emergency support
rom big individuals and corporations
q, .als city to help retain New York's
Ssaaaclal prestige was not Forthcoming
great quantities. Tho following sub
sps,ons OF more than s2O0,O 900 were
ipssnceo, however. during tho day:
III. H.. MMo1gan Mog q Co., $40, 900; Philip
v NV. "aIional Bank. S1,l14,5oo; Union
ote ots. company OF New York, $1,000
s,ss ss,,oso 900; James McCreery & Co.
tjv.o9Vo; George Ehret. 100000 (addi-
;sscaa5; Central Leather Company,
sssc%oo sssooeo tadditional); Brown Brothers,
TV'@"vo; Great Atlantic and Pacific
rin.o company, $250,o00, and Lee, Hig-
r'n 1 q Co., S250.000 (additionai).
,hs analysis Of the contributions Of
tris, s.rous 1a,,us subdivisions of this dis