New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-04-04
Carnegie Hall Packed as
Reserve Governor Strong
Gives Final Instructions
5000. 600, 900 Drive
TO Start Saturday
Nation 5 Leading Financiers
Back Appeal to Make
Campaign a Success

PROMPT response by the nation TO
he sale of the third Liberty Loan of
$1,000 100000 was urged as zone OF the
.ost immediate necessities for winning
ne war" By benjamin Strong, governor
., the Cd Federal Reserve District:
Thomas ". Lamont, a member of the
a-r, Of J. ?. Morgan & Co. and George
Wharton Pepper at mass meeting
held in Carnegie Hall last night under
the auspices Of the Liberty Loan Or
ganizatlon
Although Tire actual taking of sub
scrjptions for the new bonds will not
begin until the four weeks drive opens
Saturday. the meeting, which was at
tended by 5000 persons, signalized
virtually the official start of the cam
paign.
ton to its population. bought more Of
the first and second Liberty bonds than
the rest of the country must exceed
it's record in the coming drive" was
the eist Of the speeches.
Prominent Financiers Present
On the platform were J. P Morgan,
James S. Alexander, Allen B Forbes,
Walter E. Frew, Gates W. McGarrah,
Charles H. Sabin. Jacob II. Schiff, Mar
lin Vogel. James n. Wallace and Will
IAN Woodward
In the audience which crowded the
hall to capacity were bankers, mer-
chants. farmers, ministers-men from
III rc lffp--r>, O n "a
As chairmen OF the local Liberty Loan
committees IN New York State, twelve
northeastern counties of New Jersey
and one county in Connecticut.
They form the executive staff through
which the next loan is to be floated
IN the Second Federal Reserve Dis
trict. NJ. Strong referred to them as
A,he financial army of our govern
ment"
Mr.. Strong read a letter from Sec
retary o. the Treasury McAdoo ex-
pressing confidence that the new loan
would be a success. Mr.. Lamont
pointed out, however. that the workers
should net be "over-confdent." He
declared that The public this spring
had to meet heavy taxation and it
would involve the utmost saving and
economy IN living by everybody to
meet the requirements OF the govern
ment
M. McAdoo, in his letter. said:
Il have your letter Of March IS
and deeply regret that am unable
to speak a. your meeting at Car
negie Hall the night OF April s.
am trying TO get away on Saturday
II for 2 few days rest at White
sulphur Springs before starting on
the next Liberty Loan campaign. 1t
GoeSn require doctor to convince
HE that | really must lay off a few
days before the arduous work of the
next Liberty Loan campaign begins.
.But far this should 90 TO New York
with pleasure.
81 wish you would express to the
Liberty Loan workers nv warm re-
CARDS Tor the patriotic and effective
WORK hey have done in making sue
eessful the huge financial operations
the government has been obliged 10
engage in for the purposes Of the
war. Their enthusiasm for the new
1oan makes me confident Of it's sue
CESS"
Loan Placed as Battle RACES
This loan is to be placed with our
geople wnen the creates battle Of all
ane IS raging in Europe" said Mr..
9rons. so long as that battle is
Mcecided everything that we value is
. stake and hangs in the balance.
IN presence Of our troops in large
asambers n France has developed in
as minds Of our people new and
intense anxiety as 70 the outcome-a
efsonai interest in the venture far
nyond anything that has existed since
Ne outbreak of the war.
for the first time We are actively
sohseious that we are at war; for the
sfSt time we realize that we have
persona, human investment in the
gar One million eight hundred thou
&ad families in the United States
saTe sons. husbands or brothers in
he nations service either in France