New-York tribune., 1918-04-08
Every Section of City Will
Be Covered in Drive
to Sell Bonds
Stock Exchange
Will Pledge Help
Booths Will Be Open;
"Ace" Stehlin to Cover
State in Campaign

bonds which loyal citizens, caught in
the irresistible stream of patriotic emo.
tion, inwardly resolved to buy yester-
day. The purveyors of the bonds sense
the temper Of the American people, and
they purpose to strike hard while con.
ditions are favorable.
Officials of the campaign everywhere
seemed overjoyed at the spirit shown
on the opening day of the third Liberty
Loan drive. The enthusiasm in all of
the forty-eight states was SO profound
Saturday that no one seriously thought
about total sales; attention seemed to
have been concentrated on the reasons
why the loan was necessary rather
than the details of the fotation.
Yet, according to the available re.
ports, the tangible dollar and cents re-
suits of the first days activities in all
parts of the union indicated that the
people of the United States knew why
they are called upon to lend $4,000, ,000,-
600. To make a good start, indicative
Of a brilliant termination of this grea.
spring offensive for war dollars, is the
expressed desire of the Liberty Loan
Committee.
Oversubscription Sought
According to the managers Of the
financial drive, the greatest danger is
overconfdencc. The men who realize
most clearly the pressing need for mill
tant dollars point out that unremittlng
effort is necessary to attain what every
patriot cxpects-a huge oversubscrip-
tion of the loan.
The nature of the start of the cam
paign reveals the truth, it is believed,
of the contention that the love of Amer
lea and not love Of dollars and interest
will be the chief source Of motivation
in the third Liberty Loan. The fact
that Liberty bonds, which are to mature
in ten years and pay Az per cent in
terest every year until maturity, are,
in the opinion of financial experts, the
best investment in the world to-day
seems to be merely an additional in
CcnClVo 1Or Ln6 purchasers.
Bond Booths Open To-day
All the bond booths which opened
in the spirit of national holiday Sat-
urday will begin to-day to pursue the
rigorous routine of placing the bonds
among twenty million persons. In New
York Liberty Loan speeches will be
held in various parts of the city. James
M. Beck will deliver an address on the
floor of the New York Stock Exchange
at o'clock this afternoon, when the
stock traders will formally pledge
themselves to aid in every way to in
sure the success of the loan.
The platform of the Liberty Loan
Committee of the Stock Exchange is
set forth in letter William II. Remick,
every floor member. "The success which
this loan is going to meet" the letter
says, "must be shared by each and
every one of US. What we accom-
plished in selling the last two loans
should be taken only as mark for
each individual to exceed in placing
this third loan. Let our energy in per-
formance only be exceeded by our de-
sire to accomplish this result. and on
this the opening day Of the campaign
let us unreservedly pledge all we have
and all we hope to be, so that govern
mcnt of the people, by the people and
for the people shall not perlsh from the
EARTH.
The facts about Liberty bonds as
seen from an entirely different view
point will be discussed at noon at a
meeting in front of the Sub-Treasury
Building, at Broad and Wall Streets,
at which Charlie Chaplin and Douglas
Fairbanks have arranged to speak: At
1880 D. m. the Liberty Theatre will be
opened with appropriate ceremonies on
the steps of the New York Public Ii
brary. and at 5 o'clock this afternoon
Girl Scouts will perform in behalf Of
the loan at Plaza Circle.
Women to Aid Drive
Less formal meetings will be ad
dressed by members of the flying
squadron Of volunteer speakers of the
National Security Committee, whose
exclusive topic for the next four weeks
will be the Liberty Loan. The men,
bcrship includes prominent business
men, attorneys, politicians, school
teachers, society and working women,
and others, who received their ora
torical training at Monday night meet
lnES AT LHC OAR ASSOCluClOH ucduQudI-
ters, under the direction of DR.. Talcott
Williams, director of the Columbia.
School Of Journalism; Job f. Hedges,
Robert Lewis and DR.. William Levine.
formerly member of the Socialist
party. At the training meeting
tonight Miss Bessie Beatty, an Amer
lean newspaper writer, who re.
Gently returned from Russia, will
speak. Miss Beatty went to Russia as
the special correspondent of "The San
Francisco Bulletin"
Women in the campaign will be es-
scntial factors. Women with close
relatives in the military or naval SER
vice will be asked on Saturday, April
27, to participate in mothers service
flag parade. Mothers. wives, sisters
and daughters Of men under the colors
will, while on the march, appeal to the
or,lookers to sacrifice some luxurics
and buy bonds. They arc to typify the
spirit of sacrifice.
Another parade will be held Wedncs-
day, when elephants will march. Miss
Liberty and Uncle Sam, each guiding
one Of the largest elephants in the
Continued on pa0c 6, column 9