The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-26
BANKERS SURE NY.
WILL RAISE QUOTA
Recognize immensely of 4th
Loan Task Here, but
Predict Success.
DIN TO HERALD DRIVE
Air Raid Sirens Will Shrek at
1853 Tomorrow Evening
on Eve of Campaign.
DIN TO HERALD DRIVE

Prominent bankers and business I'm.
terests in the financial district vcro
unanimous yesterday In predicting tina,
the fourth Liberty Loan of s6ooo.ooo.
900 will be subscribed in the three week,
campaign. beginning Saturday morning
While New York's quota OF 81 100000
600 Is considered large. they have no fear.
regarding the outcome, and some even
predicted an oversubscription.
Otto Kahn OF Kuhn. Loeb & Co s,t
the question OF whether the loan wifi hs
success is Just as supernuous a. ask.
ing If we are going to be victorlou, IN
this war.
OF course we are going 20 b, VIC
torious." added Mr.. Kahn, because We
are going to put our whole power ,-.o
the struggle. and are not going to s,oo
until victory is won; and Of course the
loan is going TO be a success because ,hs
American people are going TO MI. ali
their power and effort into making I,
So"
Says Patriotism VIII Do H.
Seward Prosscr. president Of the Bank.
ers Trust Company, said:
EVERY decent man IN New York city
and elsewhere throughout the coun,-v
will make an effort to buy n -,~ono-
share OF this loan. The task OF raising
the quota allotted to New York ia ,hs
hardest ever asked of any city or dis
trict, but patriotism and the realization
or the obligation due TO the men who ar,
IRhtlhR the country's battles vii, pu,
the loan over"
Alexander J. Hemrhill. chairna, n,
the Guaranty Trust Company, said New
York Is saddled with the greatest na-.
OF the loan, but. as always can be re,,,,
upon to do Its patriotic duty
walter II. Frew. president Of the Cor,
Exchange National Bank. said.
The amount OF the loan is largo r.,
the American people are patriotic 10 +hA
core, ana they also are determined TO So.
'HlS war through TO finish The
money will be forthcoming. Tho OK
emption features of the new issue also
are attractive and will help greatly IN
the sale OF the bonds"
James Speyer OF Speyer & CO. saA
he was sure every American citizen
realizes the Importance OF subscribing
to the new loan and believes Il will be
as great a success as the previous loans
Theodore r. Burton, former United
States Senator and president of tie Mer-
chants National Bank. said:
Liberty Loan subecriptiors begin
September 2s Germany began fcan
campaign September a. five DAYS
earlier Our soldiers are competing w..h
the Germans and doing noble WORK IN
France. Let us show that We can COM
pete In the financial field with Gormany
and surpass the Germans quite as
notably"
William H Remick. chairman oT the
New York Stock Exchange Liberty Loan
Committee. said the exchange members
were preparing to do their part HIS
committee will meet to-day TO promote
loan activities.
The Rainbow Division, composed ~
representatives OF more than one )'m'-
dred trades and $4,000 firms 49,
, nounced 1t had completed its orCa,.7'-
| tion with G. n. Greene as chairm1" a7l
! the following as executives: Craig ''.-
| gate. vice-chairman Robert Tusman
| Beekman winthrop. A +. Foye. q. G.
Dawson. W. o. Packard and Joseph
| HerZberg.
Din to Herald Fourth Lonu.
The manner in which the new loan WI
be heralded will be one OF the NOISES.
on record. In addition 70 tho ten sAaH
pollce sirens permanently placed I'm d.
ferent parts of the city $50 r""'rf''
whistles. klaxous and other no's" y "''E'
| will he installed in the precinct 'n .s'5
OF the Ave boroughs. The air raid s'" =
will open the drive at 7:55 tom .'''.
| evening and each siren Is caDavI" :
IA
Each one stands 20 feet hich ard all WI
be loosed by an electric switch n Po.'c"
| Headquarters.
Lower Manhattanites will have h'-
patriotism stirred by the slron p'r"'"'
| on the roof OF the New York steam "eN'
| Company at Burling place. The lower
West Side will be given long Hast
from the siren Mt Tenth street. while '.'
| Ghetto will hear the shrieks OF an''''-
| siren on the lower East Side. Tho" arr"
also two sirens In The Bronx. two D
! Brooklyn. one In Queens and ore l7
| Staten Island.
These sirens will blow for I've ur rs
| and when they stop n din VIII ttc1 So -
| from the 100 whistles at tho polite ,''-
| lions, steamboat and tug Ve!s'l'- ia''
| tory whistles, church bells, syNo"! ''.''
| automobile horns and tho many Fl. ~
| contrivances for noise making 70
| clamor will continue until -. ~ Wv
! the sirens will shrek again f'r w. u' '-
utes, this blast being signal l.''
| noise for the evening Is over ara ''.
| the army of Liberty Loan NorErft
| begin taking subscriptions. Copi'- ..
| surprise paper will be dis'-Ipute' TO ''
/ number Of ! 100000
Fourth Deputy Commissioner ~ ... .
! Wallis said yesterday he feels o''hH''.
tho mark Of $50. 900, Oon set FOR TIE y
! Department will he reached thrN3-.
! impetus that Is expected 10 be Fi''
/ connection by tho 10. moo members ~ ,
/ police force by the prizes offered
! Arrangements for n super'ahal"
! stimulate subscriptions IN IN" 70.
J rooms Of hotels and At restaurant
! been completed by the hotel and res'~t'
rant committee, Fred Stcrry Chairman.
/ This entertainment will lie SUPP 'eWe'
with speakers.
"a FLYING SQUADRON" Of four h10''''
speakers will spread the message ~ '''
! Fourth Liberty Loan In stores, '7'a' ~
and other places. This squadron ISL"
supplied by the National Sc Fly
League.
$4,000 Concert to Roost IoHn'
In an effort 10 accelerate sNs'-'-
tions s26, 900 concert at which carr %
Galll-Curcl John Mccormack and ..'
will appear viii be given In ca '.-
Hall Monday evening by N" =
Music. Industrial and Fro'es- o.
Trades Admission will 70 ''''
tickets may be obtained Mt room ,
West Fortieth street. Ticke'a
chestra seats and boxes arc b".rr
in return for subscriptions 10 '7S 7.
Loan, one box having been give .'F ,
100000 subscription. while nur'' r -
| naira NJ OrchCstr0 ..1la have GOO " -'