The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-28
US. STEEL TAKES
$4O,O0O,OOOB BONDS
Loan Campaign Here Heralded
by Red Fire and Clamor
of Sirens.
PL.SEES TO FLY TODAY
Altar Of Liberty Will Be Dedi-
Gated With Ceremonies in
Honor of Belgium.

Aided by tho President himself and
amid the roar OF ten huge sIrsns and
hundreds Of factory whistles New York
city last night opened It's Fourth Lib
erty Loan drive to raise t1,Soo. 100000
of the $4,000. 0oo. 900 that will be used
to mako the world safe for Democracy.
Just as the unprecedented noise OF
the sirens. whistles and church bells
ceased the large corporations began
going over the top with huge subscrip-
lions. The United States Steel Cor
poration was the hrst TO send its dol
lars after the retreatlng Germans by
announcing that II had decided to sub
scribe 34o.o0o.ooo to the Fourth
Liberty Loan. This subscription IL
$4,000, 900 in excess Of It's initial sub
: scription of s25,OOo.oOo to the Third
Liberty Loan.
RED Flares All over City.
The signal to get in readiness for the
drive was given at 500 last night when
the air raid Sirens In the Ave boroushs
started q blast that lasted Ave minutes.
Factory whistles and church bells fol-
lowed, starting at o'clock and con-
tinuing for fifteen minutca All noise
ceased for fifteen minutes and then the
big sirens roarod for Eve minutes. giving
the "all clear" signal to Go~ahead with
the greatest financial drive ever launched.
The attacking Liberty Loan army went
into action lighted by the burning OF
thousands Of red flares all over the city.
When the "all clear signal was given
police reserves and volunteer workers
began in all parts OF the city distribution
of 100000 copies OF a special edition
OF the Stars and stripes, the Official
newspaper OF Gen. Pershing's army.
Thousands Of men and boys swarmed
the streets crying Extra! All about
Gen. Pershing!"
Copies of the newspaper. which con-
tained an appeal by the soldiers OF the
American Expeditionary Force to the
people OF the United states, were dis
tributed free. Three and one-half million
copies were printed for distribution
throughout the Second Federal reserve
district.
More than 10000 patriotic men and
boys became ''newsies" and no other war
extra will ever receive the rapid distrl-
button that the Stars and Btrtpss got.
The sentiment OF Americas fighting
men In France 10 summed up In q car
toon in the newspaper which appears on
the front page showing an American
soldier addressing the President with
''If the folks back home fall short Of
the billions you need, Mr.. President, cali
on us for the balance. We like our pay
but IL we have to we can. 80 without
It. Yours for victory. A. E. f."
The United States Steel Corporation
was closely followed by the Metropoli-
tan Lifs Insurance Company. which an
nounced q subscription OF $4,000. 600.
OF this s2O,00o.o00 will be placed
Through New York and 100000 in
other cities.
among the first and announced II would
subscribe 100000. The Excelsior Saw
ings Bank also came to the front, an
nouncing it's subscription was $1,000 DO.
Directors OF the II. w. Johns-Manville
Company voted TO purchase $500. 600
of the Fourth loan, while the Stock Ex-
change firms OF Swartwout 4 Appen-
= cellar and Moore & Schley announced
100 per cent OF their employees had
subscribed.
Aircraft Men Take 100000.
Leon Sanders. Grand Master of the
United States Grand Lodge Independent
Order Birth Abraham. announced that
the executive board had voted TO sub
scribe $4,000.
Employees Of the Standard Aircraft
Corporation. Elisabeth, N. j.. announced
an initial subscription of 100000.
which il expected to be increased TO
$1,000. 900.
Fourth Liberty. Loan posters were
plaste->d in all parts Of the city yester-
day by more than one hundred bill
posters, twelve of whom were women.
Chief among the posters advertising
the loan Is an advertisement by Presl-
dent Wilson asking for liberal subscrip-
tons The first TO appear was outside
OF the National Bank of Commerce. The
advertisement is n copy of letter from
the President which under date Of the
White House. Washington. says:
Again the Government comes TO the
people of the country with the request
that they lend their money, and lend II
upon more liberal scale than ever be-
fore In order that the great war for the
rights of America and the liberation OF
the world may be prosecuted with ever
increasing vigor to a victorious con-
cluslon
"And it makes the appeal with the
greatest confidence because II knows
that every day It is becoming clearer
and clearer to thinking men Throughout,
the nation that the winning Of the war
Is an essential investment The money
that is held back now will be OF little
use or value IL the war Is not won and
the selfish masters of Germany are per.
mitted TO dictate what America may
and may not do.
Men in America. besides. have from
the first until now dedicated both theii
lives and their fortunes TO the vindica,
ton and maintenance of the great prin.
ciples and objects for which our Govern.
mcnt was set up They will not fail tc
show the world for what their wealth
was intended"
Hotel Men Get Busy.
Added impetus was given yesterday &c
the drive being started by the Hotel anC
Restaurant Committee OF the Libert,
Loan Committee. which has the task OF
raising $4,000, 900. Chairman Fred
Sterry OF tho hotel and restaurant com
inittee said yesterday that raising tho
quota will be tho hardest kind OF work
but added that he In confident OF reach
ing the goal His committee to-day vii
open more than sixty booths In hotels
and restaurants. Mt which subscription,
will be solicited and a series OF enter.
tainments furnished An Interesting fea
ture will be the appearance OF soldier,
and sailors as entertainers,
When New York city In haklng its sec.
ond turn in bed early this morning
thirty airplanes. flying in battle forma
ton, Will rise from Mineola Field, soai
over New York city and dropspamphleti
and literature in the interest of the bond
sale. The "bombers" wiit.-ff.,-!n6fth a.
far as Poughkeepsie. ss. fan east al
Bridgeport and as far west,as Patterson
As the squadron paAses. oyer New
York city 1t will separate iDt6Igroups
one proceeding northward another goinl
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