The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1919-04-21
VICTORY DRIVE
GAINS IMPETUS
Campaign for Fifth and Last
War Loan Starts Off
With ZeSt.
A.E. F. BAND IN NEW YORK

"Pershing's own Gives Con-
cert at Subtreasury in
Wall Street.
New York, April 2i.--The victory
loan. that got under way shortly
after midnight with popular sub
scriptions totaling more than $780,
900, gained impetus as the day ad-
yanced and crowds thronged the
| many patriotic celebrations. Gov.
Alfred T.. Smith opened campaign
to meet New York's ~ : in the
fifth and last loan Offer : the gov
ernment to meet its expenses.
Gov. Smith purchase : J first note
of the issue sold in t ; ty and Will
liam G. McAdoo, fo' secretary of
the treasury, took 4 second, and
then other thousay s egan to roll in
as the loan 4 littee workers
spread through Y ( Z .owd that packed
the Argonne - theater in Times
square. /~s
The midnig' 8 LIBERATION was pre-
| liminary to thS ctual opening of the
campaign throughout the city at the
speechmaking centers at the end of
the parade routes. Chief among the
performers today were one hundred
odd members of Gen. Pershings own
band that won the plaudits of King
Albert of the Belgians, Premier Lloyd
George, Marshal Foch and Field Mar
shal Haig, and were sent home espe-
cially to aid in the fifth loan. The
band made it's first appearance in a
concert at the subtreasury in Wall
street and later marched up town to
christen Victory Way, the broad
plaza in Park avenue and Forty fifth
street, where the loan activities will
center during the campaign.
The exercises tonight at Victory
Way will be given over to the Arme-
mans. Girls in native Armenian cos
tune will be present and the Arme-
nian Shap- Mouradia will sing while
Armenian orators will urge their fel-
low countrymen to purchase the notes
of their adopted country. a
Chicagoans Open Drive.
Chicago, April 21.-For three hours
this morning between midnight and
3 o'clock thousands of people in Grant
park on the lake front sang patriotic
songs and cheered for Uncle Sam,
marking the formal opening of the
victory loan campaign in the Seventh
federal reserve district
Army searchlights ftghted up the
played upon the jewels on the victory
altar. .-.--a.
Michigan avenue for a mile was
brilliantly lighted and festooned with
red. white and blue for the occasion,
and the shops and picture theaters
along the broad thoroughfare were
crowded until nearly daylight.
At 1901 am, while 10000 men,
women and children stood uncovered
while a .12-inch mobile gun. fired a
salute with sub-caliber shells and a
band of 100 pieces played under the
jewel hedeclSed victory arch, the loan
campaign got away, tea dying START
FROM now until the campaign
closes 1t will Ne necessary for Chi
cago to sell $109.50 worth of victory
bonds every second If the second city
in the United States is to handle it's
quota of StS9, 225,000 worth of bonds.
The campaign started off with s12,-
100000 in subscriptions.
Boy Scouts to Aid Loan.
New York, April 2l.-The Boy
Scouts of America announced here
today that the organization would
put it's membership of 470,9S9 men
and boys behind the victory loan. in
response to request from Secre-
tary Glass, who has requested the
governors of all the federal reserve
banks to accord their "active and
ympathetic CO. operation" with the
scout program. Toward the four pre-
vious loans the Boy Scouts turned in
1,S56.9o6 subscriptions, totallinS
s276,ss5, ,45o.
Started OH With Rush.
Washington. April 21.-The fifth
liberty loan-the Victory losn-drive
started off with a rush TODAY. Ne
morning was still very young when
kilograms and telephone messI, cs
started to pour in upon treasury Of
ticials, and each told of quotas at
tained or oversubscribed. The fact
that all oversubscriptions are to be
turned back in the present loan, did
not seem TO prevent making large
subscriptions the object of workers
all over the country.
Although the formal opening of
the campaign was not scheduled un-
til Monday. in many places the work
ers had been organized for week
and had gone about securing sub
scriptions without waiting for any
formal demonstrations. All over the
country parades and celebrations
were being held to mark the formal
opening of the drive. In the nation
al capital there were exercises on the
treasury steps. where Rear Admiral
Sims, who, as vice-admiral, had
charge of the naval forces abroad,
told of his overseas experiences, after
which Mrs. Flo Ziegfeld,' better
known as Billie Burke, sold many
thousands of dollars worth of bonds.
Rich to Take Chances. =.
"Unless you have an income or
81 100000 it will not pay you to buy
the 33-4 per cent. victory bonds in
preference of the 434 per cent.
bonds" Lewis B. Franklin, director
of the war loan organization of the
treasury department advised today.
The treasury's desire that the VIC
tory bonds have the widest possible
circulation is to insure their stabill-
zation in the market He explained
that every person subscribing for
bonds up TO $4,000 would receive
their full quota The rich purchas-
ers will have to take their chances
over this figure, and IL the loan is
widely distributed the high interest
the bonds bring will always find them
readily marketable among those dis
appointed during the campaign. The
only advantage OF the 3 3-4 interest
bearing bonds is their total exemp-
tion from taxation. thus making
them attractive for people of large
means.
Threatens Complete Tie Up.
Berlin, April PA complete tie
nm of freight and passenger traffic on
German railways is threatened by
the general coal strike. Reports
were received today that the railroad
coal stocks are becoming exhausted
Florida Village Over Top.
Tampa. Fla. April 21.-The village
of Oldsmar was the nrst floiiud
Community to go over the top in the