Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-10-04
UO,O00IOTAL
I'm LOAN DISTRICT
)verconfdence in Victory
and Influenza Make Re-
suit Disappointing
MADOO MAKES PL + A
Reserve Bank Governor Calls
on People to Meet Emer-
gency With Money
M'ADOO MAKES PLEA

Subscriptions to the, fourth Liberty
Loan in the Philadelphia district total
70 date S57,4Os. 500. the amount Off
cially announced at noon today by the
Third Federal Reserve Bank.
This total, even with the millions
Already subscribed which have not been
oflclally recorded, is far below the sum
the leaders of the campaign expected
TO realize during the first few days of
the campaign. But two factors have
seriously handicapped the work in the
launching of the new drVc--the cpl
dsmic of influenza and the spirit Of
overconfidence prevailing among the
american people as n result OF the
encouraging reports from abroad of the
progress of the war.
"subscribe to the fourth Liberty Loan
At the earliest possible moment that your
subscription may serve rs an nsplra-
tion to others"
This message placing the responsible
fly for the success OF the new loan on
the American people rather than on the
volunteer workers comes from Sccrc-
tary McAdoo in Washington.
The Secretary shows in his statement
that reports from all over the country
are far from encouraging that the
fourth Liberty Loan is not being sub
scribed TO as 1t should be.
And Philadelphia is among the dis
tracts that to date have not put the new
loan over. The latest figures show that
In this district. including eastern Penn
sylvania, southern New Jersey and all
Of Delaware only S45,775,25O has been
subscribed.
Passmore Makes Appeal
r Pusey passmore, governor Of the
Federal Reserve Bank, has Issued
call for patriotic duty of the people of
this Reserve District to meet the cmcr-
gency which faces the Liberty Loan cam
pRign
"The quarantine order Of the state and
city authorities, which should and must
be strictly observed, provides a spler lid
opportunity. as well as imposes pa
triotic duty upon every individual to i'm
mediately become his or her own solicitor
and personally and promptly enter their
own Liberty Loan subscription in the
full amount necessary" he said today.
..This quarantine will necessarily
rrxatly hamper the volunteer worker in
obtaining subscriptions, and If every clu-
sen will go at once to a Liberty Loan
worker in his district and promptly sub
scribe, he can in this way competey
ClTCumNent the prOSlltfl u llle lllutlHa
epidemic becoming an effective ally of
the Germans.
"It is very urgent that our people
realize the seriousness of the existing
emergency. When they do, | believe
they will rise to the occasion and throw
every ounce of support to our splendid
men at the front.
MEN and women Of Philadelphia, let
us get into this campaign IN earnest"
Absolute denial than canVassers for
the new loan. upon whom so much de-
pends to make it success, gain any
financial benefits from obtaining sub
ecriptions. was made today by the di-
rectors of the Retail Stores Committee.
This committee, composed almost en-
ffrely of insurance men who not only
are giving their tfe, but are sacrificing
their incomes for the success of the drive,
10 not the only one to which this com
plant has been made.
Several individuals have refused to
make their subscriptions through can
vassers because they feel that the volun-
teers are gaining some material reward.
Official denial of this belief was needed
and 1t was made promptly.