New-York tribune., 1919-02-15
Glass Predicts
Victory Loan
VIII Go Over
Secretary Here TO Prepare
Way for Fifth Campaign
II IA II k on Patriotism
10 Aid Stamp Drive, Too
Reactionary Feeling Abroad
May Nj a ke Succ ess
Difficult, He Believes

Garter Glass Secretary of the Treas
NV. spent yesterday showing the men
"a 30 arc expected TO make a success
o. the 9th Liberty Loan in New York
how il may be revealed as the "Thlnks-
giving Loan" as we'll as the "Victory
Loan and the easiest rather than the
strdest to float
From the hour Of his arrival in the
city in the morning until he retired
ia the evening he was constantly with
The workers who have guided the big
var loans here. Unoficially, it was
inc opening of the Victory Loan cam
! gn, the actual marketing of which
VII not occur for some weeks.
The Secretary's most important
fneoch was delivered at a luncheon Of
ne Advertising Club, where he told
re men who were credited with play
Ag an important part in floating
PREVIOUS loans that "the reactionary
feiing abroad to-day" might make the
gccess of the fifth loan the most diff
ut to attain of all the war loans.
Later he was rendered reception at
he Biltmore by the city Liberty Loan
ommittee A second reception was
,ivcn at the Murray Hill Hotel by the
oreign language bureau, Of which
oseph Hartigan is chairman. where
secretary Glass predicted that the Vic
ory Loan could not possibly be a fail
ire.
TO Aid Stamp Drive
a final banquet. given at Sherry's
Governor Benjamin Strong and the
rectors Of the Federal Reserve Bank
'ere. rounded out the secretary's busy
~ here This morning he will ad-
tcss the newly appointed chairman
1d committees OF the war saving
ann movement here
ne dinner at Sherry's develoDed into
confidential discussion OF the tech
,cal aspects of the new loan. in which
iovernor Strong and the other officers
ef the Federal Reserve Bank partici-
patcd Guests at the dinner included
ames 5. Alexander. Allen B. Forbes.
''ates ". McGarrah. Seward Prosser,
harles II. Sabin and Jacob II. Schiff
In an interview with newspaper men
sftor tho Advertising Club luncheon,
ecretary Glass delivered himself of a
sorous denunciation Of those respon-
bile for the "No beer, no bondl" slo-
san.
Confident of Labor's Support
i am certain that the men responsi.
lie for that slogan VIII withdraw from
hat position after little considera-
ON Of the situation," he said. "The
aoorng men. whose record during the
ear WAS so fine, certainly will not per
oit their record TO be spoiled by al
owing few hot-headed radicals to
cad them into such opposition of the
aew Victory loan"
Alter paying a high tribute to the
assistance of the advertising men IN
previous loan campaigns, the Secre-
iaIy OF the Treasury told those who
ttcnded the Advertising Club lunch
COZ of the difficulties that must be
aced in the latest and probably final
loan drive.
You have in the immediate future
task that transcends in importance
anything you have ever yet under
taken." he said. Il suppose most of
you must have observed that there is
reactionary feeling and spirit
ID Dad. People are saying. "The war is
ovsr.' and that they are no longer in
rer sted in these matters. There is a
din state of mind in the coun-
try and we are warned from all sides
tha the task of the Secretary of the