Norwich bulletin., 1919-04-15
Program For the
 Victory Loan Drive
Secretary Glass is Expected to Sound Keynote in Address Tonight in New York.

Washington, April Suhseriptions Will be received during the Victory Liberty loan campaign for the wholly tax exempt notes bearing } 3-4 per cent interest. which the treasury will issue as alternatives of the 4 3-4# per cent. securities with partial tax ex- e1nptlon. Emphasis however. will be laid by solicitors on the f 3-4 notes, and an effort will be made to round up the bulk Of subscriptions to these se- curltles, which may be converted at any time into the 3-4 per cent. notes. A limited amount of the I 3-4 per cent. notes will be available for out right sale, but the treasury is not sure that all demands for cash purchases can be filled As in past campaigns, work has been rushed a the bureau of nomination. since these constitute 1 most of the over the counter sales 1 There will be plenty of the notes for l use as samples" by salesmen, officials 1 said today.
 l Qualification over the s4,500. .000. 900 l total of the loan, which is smaller than i had been generally anticipated, and 1 the interest rate was expressed today l in hundreds of telegrams reaching the treasury from loan committees 1 throughout the country Many of these were to the effect that the terms had raised the hopes of loan workers and i finnacial observers. Officials discussing terms of the | Victory loan today said one reason for 1 their belief that the market price. of 1 bonds of past issues would not be de- pressed by the new securities was that l there still should exist a strong de-
 mand for the older issues by large tax payers With certain arrangement of ! bnl If st jS Q to hold $160.000 of bonds absolutely tax free.
 Secretary Glass is expected to sound the keynote for the Victory loan cam paign in an address tomrorCw night ir New York He plans to leave Friday for a two weeks speaking tour of the west and in the last week of the drive will speak in New England and the east.
 1 As a graphic illustration of the progress of the nations subscriptions toward the goal, the navy will senG three warships travelling between Sar Francisco and New York by way of the Panama canal during the loan cam
 paisn. the daily rosition of these yes
 se}s indicating the amount of sub
 scriptions.
 The first ship, the treasury publicity bureau announced today, will leave 2. san FfanClSCO On Apfl 14s the OpeIltis tday of the loan, and proceed to 8 poin
 off San Diego, where it will be met b! a destroyer, which will then make tn . trip southward to the Panama canal
 The third ship, which will he g de Stroyer of the newest and fastest type
 will make the last leg of the. journe! , from the Panama canal to New York , which is to be called the 4harbor Q iNictory.'' sa..4sse7 y.,, 3+ .- ''.
 The eeaster the eounts.y subseribes , the faster the vessel will travel am | the sooner will the 'harbor of victory : be reached
 i As the Victory ship proceeds fror
 San Francisco it's progress will b - shown by maps in the newspapers an Q by large bulletin boards erected at tn f important corners in the large cities c r the country
 The distance to be covered is nor
 than 5000 miles and the trip can h = made easily within the twenty-o on
 days of the campaign.