New-York tribune., 1918-10-13
New York Has Passed
$500, 600, 900 Mark, Not
a Third of Quota
Liberty Day Totals
Not Yet Compiled
Whirlwind Finish Will Be
Made to Send Bond
Campaign "Across''

Liberty Day celebrations throughout
the country yesterday reminded the
people of the high, humanitarian pur-
poses to which their Liberty dollars
are to be dedicated The dominant note
sounded was that though $4,000, ,00O, 900
seemed colossally large in comparison
with other achievements in war finance
it was intinitesimal indeed compared
with the service it is to render for all
mankind.
The ideals OF America and the twen-
ty-two nations associated with her in
this war were stressed yesterday rather
than the technical side of the loan
And If the enthusiasm which throngs
in every city showed can be taken as an
index, loan officials feel justified in
hoping that in the final week of the
campaign the people will rise up in
their financial might and perform the
greatest experiment in lending that the
world has ever seen. Unless such an
unprecedented squirt comes in the ra-
naming days of the drive the national
quota cannot be attained.
Totals Are Delayed
Only the New York and Chicago Fed
cTaI Reserve districts made their daily
reports 10 the Treasury yesterday, on
account of the holiday. The gain
shown n the total announced last night
for the nation, therefore. was less than
Si7 100000. New York and the rest of
the Federal Reserve district raised
only S4S.477,750 on Friday, which was
the twelfth day of the push" making
Il total Of $562 ,275, $50, which is equal
10 = per cent OF its quota
Chicago's additional subscriptions on
the twelfth day amounted to OO0,-
O0C which brought It's aggregate up to
$tOj, i54 600. The national total made
public last nigh. for twelve days, with
ton cut Of the twelve Federal Reserve
districts failing To report returns for
the twelfth day, was S2,346, 900, 900,
IN the last seven Of the nineteen work
ing days OF the drive, or almost $780,
600 0O0 daily.
Despite the victories of the Yankees
and their allies on the Western battle
front and the generally favorable
world situation, loan officials find them
selves confronted with the most men,
acing situation ever encountered in any
OF the four loan campaigns of the war.
Failure Of the American civilian popu-
lat5on 10 pour out their treasure in the
fun measure sought would seriously
hinder the governments policy of using
"force to the utmost, without stint or
limit" and would be moral disaster
And the loan can succeed. officials
point out, only if the great bulk of the
people arc willing TO go without things
ihat they would otherwise buy, so that
the government may carry on this war
to sci the whole world free.
Navy Fights and Gives"
In Che navy. where the mems wages
are exceedingly small compared with
their earnings as civilians before the
war, the lighting men of the sea have
set Il striking example in patriotic sac
ritice I 0 the rest of the nation. Already
subscriptions in the navy have exceed
ei $4,000 coo Fight or Buy Bonds-the
Navy Does Both" is the official slo-
gan selected for the navy drive. 1t was
chosen from several thousands sub
mitted. 1t is the idea of G. l.. Coblcr
an apprentice seaman at tho naval
camp, san Diego. Cal. The slogan, "The
Navy Goes Across and Comes Across
hy Lieutenant W. p Frost, and "Our
Navy First TO Fight, First to Lend,
submitted by the Cape May section
base. were awarded second and third
honors, respectively
What New York Must Do
In the Second Federal Reserve Dis
rct overcoming the deficit that has
been made in the first two weeks Of the
campaign means raising s176,S17,S35
every working day until next Saturday
night, when the campaign ends. OF
this amount New York's daily share
viii be $134, 672, ,S35. Manhattan's quota
Of this viii be $l26,S12,043; Brooklyn's
6,164. .52S; Queens, $771,350; The
Bronx's. $72o,7oo. and Richmond's
S199214
New YorlS's celebration of Liberty
Day, which eliminated in the parade OF
10000 civilian and military war work
ers, including President Wilson, is be.
leved to have measurably stimulated