New-York tribune., 1919-04-21
Victory Spirit
Marks Opening g
OF Loan Drive
Continued from page !


will have year to fulfil obligation,
this time, instead Of approximately 81,
months in the previous push" More
over, l,700 places throughout the city
will be designated as authorized sta
tions for making weekly payments af
ter the campaign. Two dollars dowr
and dviar % week will buy $50
note, and "a down and So week viii
secure 500 note.
Treasury. officials yesterday callet
attention to the fact that, unless The
purchaser indicates that he wants {
3A per cent wholly taX-exempt note
1T will be assumed that he desires {
IA per cent security. However, tn,
buyer will be able to change his order
at any time before he has paid up il
full, it was said.
Must Be Popular Movement
George w. Hodges, vice director il
charge of sales of the government
loan organization in New York, in
statement issued from headquarter.
last night, sounded the final warning
to campaign workers that the drive
must be made a great popular move
ment and must not be confined tC
wealthy individuals and banks.
Every effort" he said, "is being put
forth by tn department of sales anC
Will continue to be put forth until the
last day or the campaign, to bring
about the widest posaihe Distributed
OF the Victory notes in the Second ted
eral keaerVe District i,nsential as II
Was IN past eampaigna 10 secure wide
apread dletrihution, it Ia even more
important IA the Victory Liberty i.oAi
drive, IT the hunka are to he permitte,
Full seope "a financing the demnnda al
buHlhese that the Victory notes ahnl
bu eold to the people and paid far cut
or pteeeht and future earnings,
"Thc Treaeuty Department has an.
nouncod that the quota OF the Sccont
Federal Reserve Distrlct ia 80 pen
cent of the whole. or Sl3bo, 1000 900
Distribution of this amount through
out the district is task that calls fol
united effort. In view of the response
which has been made to the call of the
government in the first four loan cam.
paigns by the. people of this district
we confidently expect success.
100000 Subscribers Wanted
"Although this district was credited
with more than 100000 investors il
the Fourth Liberty Loan-out of 49,,
100000 people in the district THE De
partment of Sales is confident tha
5,0OO,00O subscribers will be found FOL
the Victory Liberty Loan"
The executive staff of the Depart
ment of Sales, of which Mr.. Hodges is
director. is made up of Gilbert G. Bo
gart, assistant director of sales; Johr
j. Schumann, jr., executive secretary
and assistant director of sales. anC
Frank j. Shakespeare and w. J. Ryan
assistant secretaries.
10 bring the great selling idea home
to the people to-day, patriotic celebra
tions will be held throughout the city
The first Of the series of events de
signed to give the city renewed insp
ration was held at the "Argonne For
est at Broadway and Forty-thirc
street, at 1880 midnight, when Gov
ernor Smith bought the first Victor,
note sold in this city.
- Later to-day interest will centre a
Victory Way, which runs along parl
Avenue from Forty-fifth Street to Fiji
teth Street. Finishing touches to tn,
work OF completing the symbolic thor
oughfare were made yesterday. Tn,
seven paintings representing the con
trlputlons of various parts of tn,
world to victory were placed in posi-
ton above the speakers stand, and tn
seals of the Treasury Department wer
fxed in their places in the Colonnad
Of the States.
Conservation exercises will start to
day at 2:30 o'clock in the afternoon af
ter the raising Of the colors and tn
playing of the national anthem b.
"Pershing's Own Band" Martin Vo
gel, Assistant Treasurer of the Unite
states, Will preside. Monsignor La
Veile, Bishop Burch and Rabbi Silver
man viii road the invocation and May
Treasury McAdoo and MIR. Vogcl viii
deliver addresses.
Among army and navy officials in
are General Peyton G. March, chief O
staff; Major General David c. Shank:
commanding officer of the Port of En-
barkatlon; Brigadier General G. !
McManus, Major General Thomas I
barry, commanding officer Of the De
/ partment of the East, Rear Admira
n. r. hughes, acting commander i
chief of the United States fleet, an
Rear Admiral j. II. Glennon.
"Children s Hour" from to
o'clock each day, will be regularl
featured at Victory Way. Childre
from the public schools of the city vii
drills.
Hrigadier General Cole. of the 26t1
Division; Rev. W, T. Manning, o
Trinity Church; Lieutenant Carl II
blanchard, of Texas, and DR.. S. Rowe
Assistant Secretary of the Treasur,
IN charge Of customs. will speak a
the first of the regular noon-d day meet
ingss on the steps OF the sub -Treasur,
huilding to-day, Meetings viii b
held at tho Altar OF Liberty, In Mad
,son square, on the steps of the New
T ] Ork l'uhliQ IlhrurN l.
hnd speakers piaNorms erected i,
every past or the district,
farades Scheduled for Nlrht
Fatades viii take place to,nieh
under the auspices OF the Metropoi,
tah 'ahNshE Committee, which /
/ charged with getting Auhnerlpt,on
from miscellaneous groupa of neeni
on tho stroeth one procession vii
start at Eighty nixth street. west o
Central Park. and proceed along broad
way and Columbus Avenue TO llOtl
street The matchcrs viii particiret
In rallies nj ll0th street Ninety
eighth Street and Eigh,y-sixth stree,
Another parade viii advance up 81
Nicholas Avenue and Broadway, from
1dlst street TO iG5th Street. ending i,
rally at 18Th Street and broadway
From l65th Street TO 190th Street nm
other stream OF men and women vii
flow up Broadway and st. Nichole,
Avenue.
Other pnrndes will be held In th,
districts bounded by East 10th Stree
and East lb0th Street and East Sew
enty-ninth Street and East Ninety
sixth Street. The marchers will earrA
green and red fire sticks. Army trucks
ioad"d with speakers, singers, bunds
81 fte al