The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-16
GLASS STIRS $1,000.
WORKERS FOR LOAN
,,tF. - = = b
Sims and Strong Also Arouse
Enthusiasm at Victory Rally
in Opera House.
PRELUDE TO CAMPAIGN
Secretary vividly Pictures
War Scenes in Appeal That
Thrills Hearers.
PRELUDE TO CAMPAIGN

tHeTe went 10 inc MetrOpOlttnf
Opera House last night any person 81
obtuse as to suppose that securities Of
the United States are not the best buy
in the world and that sny sacrifice is in.
volved In their purchase. he must have
gone away incensed becatise the Victory
Loan drive hadn't actuaffy started vel
and he couldn't walk right out and pur.
chase n double handful OF those much
to be coveted bonds.
II took Carter Glass. the quaint speak
ing Secretary OF the Treasury; Rear Ad
nniral Sims. late commander OF the
American feet In European waters. and
Benjamin Strong. governor of the Fed
eral Reserve Bank of New York, only O
few minutes of each mans time to i'm.
press upon the 1000 loan workers of the
New York dlstfict the real value of the
bonds they are to start selling on Mon.
day.
what you want I'd do." he added. at.
TO give Wide distribution Of this 'loar
to the people of the United States. You
want to do that In order to inculcate the
lesson of saving and thrift you want e
do II to impress upon the people of tht
United States the Importance OF beins
stockholders In their own Government
You want to do II because. In my belief
the surest way to shoot Bolshevism dowr
Is to let the people have a material inter.
est In the Government". G J.
= Whereupon. with vivid 5pictures OF
real sacrifice he had seen on the fight
Ing fronts the Secretary OF the Treas
ury proceeded to shame all men and
women. and there have been many. he
said, who have told him that the fervor
of patriotism in America died out with
the war and that Americans wouldn't
buy any more bonds II they had to sac
riflce anything fer them.
5000 ehnirmen Are Present.
The meeting was pfe-canipaIgn rally
OF Liberty Loan workers, including
members of the Central Committee and
1000 local chairmen from all parts OF
New York state. Northern New Jersey
and Fairfield County. Conn Flags OF
America and all the allies swung from
balconies. The band of the Port of En-
barkation played. the Seventy first
Regiment quartz. sang wartime ditties.
and a color guard of soldiers and sail
ors marched ON the stage just before the
speaking began. & -,
Mr.. Strong. who presided. spoke OF
the satisfaction with which the terms of
the Victory Liberty Loan have been re-
eeived. lie said that the organizat. ION
In this district had sold 100000 worth
Of the four previous bond issues Mt an
actual selling cost to the Government
Of only 1-12 of 1 per cent. He recited
the objections to having very large
part of the new bonds taken by the
banks. but 1t was Of even greater i'm
portance. he said. that we do not aban-
don the principle upon which previous
loans have been plaoed-that a wide
distribution of the Governments bonds
among oil classes of people makes let
ter and more loyal citizens. He asked
each worker to repeat In his own COM
mrnity the slogan of the campaign here,
New York viii see It through"
In his introduction of Secretary Glass
MIR. Strong credited him with having
been principally responsible for the Fed
eral Reserve act, without which a sound
end constructive policy BY the Treas
ury" In the crisis of war would nave
been wellniyh impossible.
Mr.. Glass predicted that all New York
would exceed itseuuota.
1T gives me undlsguised pleasure to
pay a tribute to New York." he adde's.
because no section Of this country has
IN my Judgment exercised greater de-
gree of patriotism In war and peace than
The people OF this great metropolis"
The Secretary continued
I'VE call this Victory Loan. and II
IL that: but I think II might have as
we'll been called a Thanksgiving Loan
1 am appealing to my countrymen to
give thanks to God that the war was
through the valor and spirit OF our
American nation. kept three thousand
miles away.
Frequently I have been appealed to
make this Victory Liberty Loan at.
raetive. Well, I have made II attractive
I have made It so attractive. Mr. Chair
man, that now have some misgivings
about the wisdom of my action. when
find a great metropolitan journal in
New York critlclsing the Secretary OF the
Treasury for making 1t too attractive.
But this loan was made attractive
to the American people before the in
terest rate and the terms were fixed
II was made attractive to me personally
lust as II was made attractive TO mil
lions OF other American voters. because
when the armistce was signed I had
two boys on the firing line and but
voice the sentiment Of millions OF fathers
and mothers in this country when I say
that they would have put this loar
over at a less rate of interest or at any
rate of interest in thanksgiving for tht
goodness OF God. and I bid you Liberty
Loan workers to be Of good cheer; fol
aside from the commercial, the financial
or investment attractiveness Of this
loan you will not appeal to the patriot.
ism and good sense Of the American
people in vain.
"a world is to be rebuilt, and should
we stand hesltatingly by and timidly
pause to inquire who shall rebuild II!
Who Is there to rebuild II but this great
strong, God blessed nation OF ours? We
should not hesitate for one moment
We should go forward at once. Jus,
rs our American boys illustrated the
heroism and valor of this nation upor
the battlefield so American business mer
and American women should illustrate
the patriotism Of peace in different
way. and will do It."
'TmpossibiIisies" Discounted.
Those who talked OF "impossibilities'
Mr.. Glass reminded OF other "impossi.
bilities" that had been accomplished. He
cited the capture of the st. Mihel salient
and OF Chateau Thierry as among the
'rmpossibilIties" that were proved pos
sible. In France last October he hat
heard of the laconic reply OF the Ameri
can commander to the heroic. shattered
Frenchmen who urged the Americans to