The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1918-10-10
DOUBLE FORMER
SUBSCRIPTI
U. S. IS URGED
Remember the Tampa Raj
lying Cry Of Coast Guard for
Campaign.
(By Associated Press)

TO the insistent question, How Is the
Fourth Liberty Loan really going?" a
comparison today OF records during
this campaign with those of the third
loan showed these facts:
The fourth campaign of three weeks
Is half gone. and $1.791. 463.2 in sub
scriptions, or 30 per cent of the six
billions sought. have been reported.
When the third campaign was half
over. $1,371, 100000, or 33 per cent Of
the total finally reached, had been sub.
scribed. This record in the third loan
drive. $420,000,000 less than at the
corresponding stage of the present
drive, was achieved in two weeks, as
compared with ten days which have
passed In the current campaign.
These facts seem to show that prog
ress In the fourth loan is comparable
to that of the third, which was highly
successful. Treasury officials who try
to Judge the present situation with
neither undue optimism nor unjustified
pessimism. point out, however that
the six billion dollar credit which the
people now are trying to accumulate
for the governments use is twice as
large as the three billions sought in
the third campaign, and is nearly fifty
per cent greater than the $4,176, 100000
actually subscribed to the third loan.
Besides, 1t Is said by those who study
the tendencies Of the various loans,
subscribers to the fourth loan are pay
Ing their initial ten per cent install
ments much faster than in previous
campaigns and since only the subscrip-
tions thus guaranteed are counted by
headquarters, the unreported but val
led pledges at present are of less vol
ume than at the corresponding period
OF the third loan.
Puzzled Over Prospects.
On the closing day Of the third loan
campaign, reported subscriptions
amounted to $3.0O6, 900, 900, yet when
the great task of compiling last day
pledges was completed week or two
later. the total was more than bill
lion higher. or $4,176,000,00O. The be-
lated food consisted largely OF small
subscriptions. Few purchases running
into the millions were recorded
In the present campaign, a larger in
flow OF subscriptions from big bust
ness interests and individuals Of
wealth is expected. To large ex.
tent, however, these already have been
entered, and are included in the cur
rent totals.
IT is for reasons such as these that
treasury officials are puzzled over the
prospects Of the fourth Liberty loan.
They hardly can believe the American
people will let war loan fall below
the goal at this time, yet the available
figures do not look we'll.
Hence the cautionary plea that ev-
cry individual should double his third
loan subscription.
When the third loan was half over,
subscriptions by districts and percent
ages OF their quotas we're as follows
st. Louis. 112 millions, Sc per cent;
Kansas City. 73 millions. Sc per cent
Chicago, 221 millions, 50 per cent
Dallas. 40 millions, 81 per cent; San
Francisco, los millions, 81 per cent:
Minneapolis. SO millions, so per cent;
Philadelphia, 105 millions. AZ per cent;
Boston, 113 millions, 45 per cent;
New York, 372 millions. al per cent;
Cleveland, 124 millions, Al per cent;
Richmond, SO millions, q per cent:
Atlanta, 9 millions, 10 per cent
More than $13,000,000 has been sub.
scribed in the navy toward the fourth
loan, Rear Admiral Cowie reported
today.
Societies Subscribe.
Remember the Tampa" rallying
cry originated by the United States
Coastguard. and used in boosting its
subscriptions from $4,000 to 100000,
now is being sent to coastguard sta
tons everywhere. This is the message
which has been sent out to the guard:
The U. S. Cutter Tampa, while act
ing as a convoy for a fleet of trans
ports carrying our troops to the other
side, went to watery grave with all
on board. Far in the lead, to make
the course safe for those who followed,
she received the blow no doubt intend
ed for them. Her duty was clear.
Her sacrifice great. At twelve o'clock
noon, when the siren calls each one
OF us, remember the brave officers and
sailors of the coastguard, who took
the blow, and gave their lives that the
transports which followed in their
wake might land in safety"
w. A. Frasier. sovereign commander
OF the Woodmen of the World today
notified Secretary McAdoo that his
organizatin had subscribed $1,200,000
to the loan.
The American Defense society,
through it's board of trustees is to
subscribe $250,000 in fourth Liberty
bonds as nucleus Of a foundation to
secure continuance of the society as
a permanent organization.