Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-03-28
CITY'S LOAN QUOTA
SET AT $136,OOO,OOO
Eleven Per Cent of Bank Re-
sources Fixed for
District
HONOR ROLL AND FLAGS
Names of All Occupants Subscribing
to Be Posted in
Buildings

One hundred and thirty-six million
dollars is Philadelphia minimum quota
in the third Liberty Loan, Lewis II.
Parsons, local director, was advised
this afternoon by Washington. This
constitutes IL per cent of the bank re-
sources.
The minimum quota for the entire
third Federal Reserve Gfstrict, includ-
ing Eastern Pennsylvania, Delaware and
part of New Jersey, is $250,000,000,
which Is sh per cent of the entire
loan of $4,000 900, 900
The Introduction of prizes for the
city In each State first completing its
quota in the Third Liberty Loan cam
paign will result in having the loan
oversubscribed within II week. accord
ing TO J. II. Burton, assistant Federal
director of the campaign, who was In
this city today.
He announced the use and purpose of
the Liberty Loan flag. the honor roll
and the service emblem The honor roll
will be posted in all office buildings. fac
tories. banks, etc. and the names OF all
persons In the Luilding subscribing to
the loan will be placed on 1t.
The service emblem is window poster
with a place for the name of the owner
of bond This is to be placed in the
nome ana StOT" NiHuoNo VI oucoSi'SN'h
to the third loan bonds.
The flags have white background
with a red border. In the center theri
are three vertical blue strips. The
design was taken from flag made by
| Mrs. William G. McAdoo. wife of the
| Secretary of the Treasury.
The flags will be presented to the city
in each State first completing it's quota
Those cities doubling their quota will
have one star on the flag. For each ad
| ditional 100 per cent oversubscriptioT
another star will be added. The fiai
/ will be presented as soon as the quot
1 is subscribed.
Three hundred workers who will pusl
the sale of the bonds met today in tn.
! Bellevue -Stratford Two hundred o
the workers are members of thu
women's Liberty Loan Committee, ant
the others are men who will direct tn,
sale.
City's Prominent Place
/ Philadelphia played a prominent par
in each of the war loans fioated by thu
United States Government. A week from
tomorrow. when the third Liberty Loai
the seventh war loan in the histor,
of the nation--is launched, Philadelphia
again will be prominent.
Here Secretary Cf the Treasury Me
Adoo will officially open the campaign
for the = ire nation. once before di,
this city play similar part--when Ron
ert Morris advanced his own persona
fortune and pledged his credit to th
breaking point to provide funds for tn
Revolutionary army
Again, in the time of need in Civi
War days. It was Il Phlladelphian VIII
stepped forward Jay Cooke. known a
the financier of the war, lent enormou
sums to the Government.
Pointing to these Philadelphians witt
pride members of the committee tina
will direct the sale of the newest wa
bonds ask all persons here to pledg
as much or a little more than they cal
afford
This city must oversubscribe." on
member said. I'VE want one of thos
silk flags here"
Renewed confidence was expressed TO
day by all officials of the Liberty Loal
organization in this city following tn
successful dinner held last night at tn
Hotel Adelphla. More than 400 person
were present.
The final organization Of the drive b.
the Industrial and commercial commit
tee of the Liberty Loan committed
under the leadership of c. NJ LaueI
was discussed at the dinner. There ar
600 members of this committee and it
subcommittee. Twenty thousand manu-
featuring and wholesaling firms In thi
district that are expected to subscrib
TO the Liberty Loan have been listed.
Great results were predicted for tn
committees work. 1t was not thor
oughly organized during the secon
Liberty Loan campaign, but the last fey
months have been devoted to roundin
Ii into shape.