New-York tribune., 1918-04-28
Nineteen Days of Cam
paigning Have Melted
$2,17S,877,O5O
New York Lags
With Sc Per Cent
Number of Individual Sub.
scribers, However, Ex-
ceeds Former Record

The financial effect of the nation
wide Liberty Day celebrations was re-
vealed yesterday in the official tabula-
tions of the progress of the loan cam
paign. For the first time, the actual
returns were in excess of the schedule
which must be maintained to raise the
$3,000,000,000 national minimum.
With an increase on Liberty Day Of
approximately $146,0OO,OO0, the grand
aggregate for nineteen days of rigorous
campaigning rose up to $2,178, 1877, ,O5O,
which shows an oversubsc1iption for
the peritd of nearly $19,00O,0O0. This
mathematical fact of encouragement
led loan workers to observe that the
grand squirt toward a wholesome over
subscription of the low mark set by
Secretary McAdoo had Enthusiastically be-
gun.
Kansas City Reaches Mark
Another of the twelve Federal Re-
serve districts yesterday informed
Treasury officials at Washin ton that
it's quota had been filled. The new
conner to the honor list is Kansas City,
which has already furnished $13O,338,- :
200 to the third loan, which is vir-
tually 100 per cent of its quota. Min
neapolis, the district which started a
week late, yet nevertheless leads the
field, has pledged S125, ,O12,3O0, which
is 119 per cent of it's allotment, and ST..
Louis, which clings to secoN place in
{ the table of relative achievements, has
furnished $143,858,650 or 110 per cent
of it's official minimum for the cam
paign.
In the New York district $34,511 900
was added to the total on Liberty Day.
This figure was frankly characterized
by loan workers as disappointing, but
it Hvas pointed out that the pledges on
that day were vastly greater than is
indicated in the official figure, which
includes only those subscriptions on
which the first payment of per cent
has been paid. New York's total has
reached s53S,742,70O, which is nearly
$80,0O0,000 less than was subscribed
in the corresponding period of the loan
last October.
The proportionate amount of the
$500, 100000 goal of this district,
which should have been raised up to
this time, is S1,080,000, and of the of
ficial minimum S648,0OO,0O0. Each day
remaining will have to produce an av-
erage of s137 ,222, 500 to bring the total
~P " %1,OOO,VVo,OOO. anu @OA,OUO,OUU W
reach the s90O,000,OO0 mark.
Standing by Boroughs
In New York City, Queens and Rich
mond are the only boroughs ahead of
their. minimum schedules. Queens is
running ahead Of the pace necessary
to raise the maximum sum. having
subscribed S6,367,5 against a goal
requirement Of S5,237,1OO. Long ISL
and, outside of New York City, is also
running ahead of its goal allotment.
All the remaining sub-dstrcts ex-
cept Albany are running behind their
minimum schedule.
Three cities in the Second Federal
Reserve District, with populations
more than $4,000, have won honor
flags for filling their entire quota.
Troy leads. with pledges up to 1872
per cent of it's allotment; Bayonne,
N. j., 120 per cent; Schenectady, 100
per cent. The Borough of Queens has
subscribed 145 per cent of it's quota,
and Richmond 1T per cent.
The statistics for the first eighteen
days of the campaign demonstrate
that the relative achievement of the
New York district, which ranks among
the twelve Federal Reserve districts.
is much less than that of the nation
considered as whole. The over
subscriptions to the Western districts
up to the present have been needed to
wipe out the growing deficit of the
Second Federal Reserve district. Un-