The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-19
LEAVES SUNDAY AIR
FLIGHTS TO CITIES
Glass Lets Each Community
Fix Own Course on Loan
Flying Circuses.
3 CITIES WANT AIRMEN
Notes Will Help End Initiation
and High Prices, Says Re-
serve Board.
2 CITIES WANT AIRMEN

WASHINGTON, April 1S.-The Sunday
observance issue raised by protest OF
churches and ministers in a number of
cities against flying circuses and exhibit |
tons OF motion pictures in connection
with the Victory Loan was met to-day |
by the Treasury in a decision to leave
tho question to each community affected.
Frank r. Wilson. Director of Loan
Publicity, telegraphed the loan chairman
of each community where the flying cir
cuses of aviators are scheduled to appear
on Sunday saying 1t was Secretary
Glasss belief that the dates should be
abandoned. but that the trains bearing
the airplanes and crews would be run
on schedule and the exhibitions would be
held II all interests In a community
agreed.
In this connection. Butte, Mont, and
waila Walla, Wash, were two cities
which flooded the Treasury to-day with
| kilograms protesting against any aban-
donment of the aic performances In
those places The preachers OF Walla
Walla gave up thier objections when 1t
was learned the demonstrations were 10
be held in the afternoon and not during
the hours Of church services.
From scores of cities to day came word
that local loan committees have made all
| preparations for opening the three
weeks campaign with a rush Monday
| in efforts to raise their quotas early In
tho period, ana leave the remainder OF
the time for pushing subscriptions above
| the allotted goals.
| Self interest constitutes tho principal
reason why the public should subscribe
generously to the Victory Loan. said the
Federal Reserve Board. in Its monthIy
bulletin issued to-day.
'If the obligations already taken py
the banks are not liquidated." said the
bulletin, commenting on the billions OF
Treasury certificates OF Indebtedness al
ready absorbed by the banks 1.-The COM
munity at large will suffer from a con-
tinued imitation OF banking credit ana
from the high prices that are consequent
upon this condition Of affairs. Only one
remedy for the situation now existing
can be applied, namely. that OF SUP
scriblnz freely for the Government obi
cations when offered and OF paying 1oi
them out Of the proceeds or savings
either already accumulated or to be &C
cumuated from time to time.
Indeed the urgency for adherence &c
this policy is greater now than 1t was
during the war, inasmuch as at tha
time there was strict oversight ane
control on the part OF the Government
over production. distribution, and. in
measure, consumption, while at presen
that oversight has naturally and prop
erly been greatly relaxed or In man.
branches of business entirely abolished
1.-THE responsibility Of conserving re
> sources thus remains with those VIII
are the recipients of current incomes
either from Investments or from salarie
: and wages. in perhaps higher degre
than was previously true
t Success of the Victory Liberty 1oa
, was predicted by William G. McAdoc
t former Secretary of the Treasury, !
a statement made public tonight by tn
Treasury. The American people, he dc
clared. will respond to the loan wit
the same degree of patriotism which the
= manifested in previous campaigns an
will lend a sufficient amount TO III
Government to enable 1t to dischars
1.-THE most sacred debt that any natio
ever incurred"
. IT have said from the beginning {
this war, when l was charged with III
responsibility of conducting the finance
:. Of the Government" Mr.. McAdoo a!
, serted that 1t was not a question wit
;, the American people OF the rate Of il
= terest or any detail OF the Liberty loan
:. Their patriotism is not determined b
~ dollars and cents. They love their couI
u try They revere it's ideals and prime
pies. They had dedicated themselves
a noble cause and they were willing
&c pay the price in money and blood. I
:, matter what II Is.
>, I'VE have done the Job and done
=, gloriously. Our heroic sons have brougl
" lustre upon the flag and upon Il
70 name Of America that will never
~ diminished unless we ourselves tarni:
- It. We are not going to tarnish it "
= are going to discharge every obligatio
=. as Uncle Sam has always done throug
y out our history. to the utmost limit d
!. manded by the national honor and