New-York tribune., 1919-05-01
Victory Loan Drive
Among Trades Is
Behind Schedule
Large Number of Volunteer
Workers Needed TO Speed
Up Campaign, Chairman
OF Rainbow Division Says

Craig Colgate, chairman of the Ad-
Visory Trades Committee, in announc-
ing yesterday that the Rainbow Divi-
sion had thus far raised only 16 per
cent of It's Victory Liberty loan quota.
compared with 40 per cent in the corre-
spending period of the fourth loan
campaign, issued an appeal for more
volunteer solicitors to aid in the drive
Tor subscriptions.
The results Of the campaign to
date, Mr. Colgate declared last night,
show that the committees ofsthe Rain
bow Division that are working actively
are obtaining fairly good results. A
number Of the committees have made
no reports at all and many are showing
small returns to date in comparison to
the amounts they are expected to raise.
"We ind that almost all of the com
mittees are complaining that they have
not the services of the large number
OF volunteer workers who assisted them
in the previous loans. l earnestly urge
that all those who have worked with
the trades organization in the past and
who can give at least Il part of their
time during the remainder of this cam
-reign rally TO the help Of the trade or
ganizations and help them reach their
quotas. Without the help Of these vol
unteer workers the Rainbow Division
has had in the past it will be practi-
cally impossible to obtain the kind of
distribution of the notes of the Vic
tory loan desired by the Secretary Of
the Treasury.
con the corresponding day Of the
Fourth Liberty Loan campaign the
Rainbow Division had reached nearly
40 per cent Of it's quota, whereas it
has only raised 16 per cent of its
much smaller quota for the Victory
Liberty Loan to date"
Subscriptions and pledges reported
by the sponsors OF the committees in
the Rainbow Division yesterday
reached S31,224,2o0, bringing the to-
tai for the first half of the loan to
loan.
Cheilis A. Austin, president of the
Mercantile Trust and Deposit Com
pany, in spite Of the poor showing
during the first half Of the campaign,
expressed his confidence that the peo-
pie OF the United States will make the
Victory Liberty Loan real success.
Each OF u.s." he said, "realizes that
our government has incurred large
obligations necessary to the winning
OF the war which must in L6nor be
paid through this loan. The Ameri-
can people always pay their OBJ
~All Of us know that there are
100000 good reasons still in France
for our purchasing Victory Notes. Our
soldiers must not want for food, cloth
ing and supplies. Neither our hearts
nor our pocketbooks will desert them.
1T has been said of course, that
the banks will take the loan if the peo-
pie don't subscribe, but it should be
understood that the banks
cannot prudently supply the govern
ment's requirements and also fully
meet the needs of expanding business.
''The resources of banks should be
at the command of business require
rlents primarily. If they are used for
the governments needs business will
not get it's full share and will be pre-
vented from realizing its full develop
meGt.
''The American people wish to as
opinion they will materially aid in
doing so by supporting the Victory
Loan to the limit of their ability"