Liberty Loan Over-Subscribed by Substantial Margin
The Liberty Loan drew an overwhelming response from small investors with subscriptions likely surpassing 2.6 billion dollars. Officials warned early estimates could vary as tabulations stretched into the night, with New York leading the totals and the Treasury awaiting finalized returns. Secretary McAdoo praised banks and committees for their roles and signaled a second loan under the war finance act, possibly in the fall.
MENTIONED IN THIS ARTICLE
Liberty Loan Committees
Treasury
Treasury Department
New York
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Federal Reserve Bank
Kansas City
Minneapolis
McAdoo
Liberty Loan
Federal Reserve Banks
Washington
Reserve Bank
Federal Reserve
New England Oversubscribes Liberty Loan Supports War Aid
New England completed a $240 million Liberty Loan subscription widely over its 300 million goal, with officials reporting possible final totals around $263.5 million. Governor Aiken praised wage earners, banks faced heavy crowds, and subscriptions from cities like Arlington Canton Malden Fall River New Bedford Providence Cambridge and others pushed a broader regional show of patriotic funding and corporate participation.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Federal Bank
New England
Governor Aiken
Liberty Loan
Kidder, Peabody and Company
American Glue Company
Canton
Mass
Newton Banks
Boston
Blue Hill National Bank of
Milton
Jesse B. Baxter
The
Waterways Commission
Edward J. Bromberg
New Century Club
American Sugar Refining Company
Arlington
Eighth Regiment
Malden
Telephone Employees’ Association of
Georgetown
Manchester
N. H
Concord
Fall River
New Bedford
Providence
R. I
Liberty Loan support hailed by Governor Aiken
Governor Aiken of Boston Federal Reserve Bank praises the Liberty Loan drive as an overwhelming response showing German enemies the nation’s unity. He says bond holders become more invested citizens and foresees a finer national spirit and closer community among Americans as the war continues.
MENTIONED IN THIS ARTICLE
New England
Germany
Aiken
Boston Federal Reserve Bank
Rubber Co and Employees Sub to Liberty Bonds
Lester Leland announces United States Rubber Company and its employees have subscribed a total two million dollars in Liberty bonds. The company itself invested one million dollars while employees at factories and sales departments contributed one million four hundred thousand dollars.
MENTIONED IN THIS ARTICLE
New York
N. Y
Lester Leland
United States Rubber Company
Praise for Newspapers Boosts Liberty Loan in New England
The New England Liberty Loan Committee commends major papers including the Post Globe Herald Traveler Transcript Christian Science Monitor American Journal Advertiser and Record for their crucial role in promoting the loan. The committee credits press coverage with the campaign’s success and notes the effort helped reach the investing public.
MENTIONED IN THIS ARTICLE
Liberty Loan Committee
Post
Globe, Herald
Traveler
Transcript
Christian Science Mronitor
American
Journal, Advertiser
Record
New England
N. Penrose Hallowell
How Big a Sum Is Two Billion Dollars
A public notice explains the enormity of 2,000,000,000 dollars using a counting thought experiment. If counting at two dollars per second for 10 hours daily, 365 days a year, it would take 76 years and 37 days to reach that amount. The piece conveys the Liberty Loan’s scale in plain terms.
MENTIONED IN THIS ARTICLE
Liberty Loan Committee
Portsmouth Doubles Its Liberty Loan Quota in City Drive
Portsmouth New Hampshire subscriptions to Liberty Loan bonds totaled 761600 surpassing a 500000 quota. Of the amount 115000 was raised by Portsmouth navy yard employees.
MENTIONED IN THIS ARTICLE
Afl
Springfield
Charlestown Navy Yard
Adjutant-General
Massachusetts National Guardsmen
Cambridge
Lquor
Massachusetts
A. W. Huguley
Grand Lodge of Massachusetts
Loyal Orange Institution
Portsmouth
N. H
Portsmouth Navy Yard
Bangor Subscriptions Near Two Million for Liberty Loan
Bangor subscriptions to the Liberty Loan aggregate 1,953,500 dollars about 75 cents per capita. County estimates from Aroostook place at just under one million dollars.
MENTIONED IN THIS ARTICLE
Bangor
Liberty Loan
Aroostook
Oldest stage favorite Mary Sedley Smith dies at 87
New York mourns as Mary Sedley Smith America's oldest actress dies in sleep at 87 in New York City. Widow of Sol Smith born in Boston daughter of William Sedley Smith long a stage figure made debut at 20 and backed many stars. Survived by two sons and two daughters and served as vice president of the Professional Women's League and member of the Actors' Fund of America.
MENTIONED IN THIS ARTICLE
New York
Mary Sedley Smith
America
Sol Smith
Professional Women’s League
Actors’ Fund of America
New Bedford Subscriptions to Liberty Loan Top Five Million
New Bedford announces total subscriptions to the Liberty Loan at 5,015,000 dollars. The apportionment stood at 4,000,000 dollars, yielding an over-subscription of just over one million dollars.
MENTIONED IN THIS ARTICLE
New Bedford
Liberty Loan
5 Per Cent on Paper Profits
The Senate finance committee added a 5 percent tax on net profits of newspaper and magazine publishers to the war tax bill replacing the 2 percent advertising tax. The plan is expected to raise about 15 million dollars. A motion to reconsider by Senator Penrose follows. The committee also repeals the draw back allowance to sugar refiners, adding 19 million dollars in revenue.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Penrose
Ninth Regt Band to Play for Red Cross Benefit
The Ninth Regiment band volunteers its services for a Red Cross benefit at Faulkner Farm Jamaica Plain estate of Mr and Mrs E D Brandegee. Public charity transport provided by Republic Motor Truck Company with several trucks assisting.
MENTIONED IN THIS ARTICLE
Red Cross
Faulkner Farm
E. D. Brandegee
Jamaica Plain
Ninth Regiment Band
Republic Motor Truck Company
Exoneration of Guardsman in Bridge Killing Acquittal
Private William C. Simard of Lewiston a National Guardsman was acquitted by a court martial of killing Hassan Suleman while on guard duty at a Biddeford railroad bridge. Suleman was shot May 22 after ignoring an order not to cross.
MENTIONED IN THIS ARTICLE
Augusta
William C. Simard
Lewiston
Hassan Suleman
Biddeford
Suleman
Also Mentioned on This Page
New York Federal Reserve District
Liberty
New England States
Liberty Loan Committee of
National Shawmut Bank
Five Cents Savings Bank
School Street
Home Savings Bank
Fidelity Trust Company
Provident Institution For Savings
Liberty Loan Office
Ben
Boston News
United States
American Telephone
Atlantic Gulf
Ancient Order of United
Federal Bank Resources
Wee
Dallas
San Francisco
First National Bank
Old Colony Trust Co
Merchants National Bank
State Street Trust Co
Second National Bank
Fourth Atlantic Bank Ae
National Union Bank
Webster Atlas Bank
American Trust Co
Beacon Trust Co
Teee
Boston Safe Deposit & Trust Co
Boylston National Bank
Columbia Trust Co
Commercial National Bank
Commonwealth Trust Co
Cosmopolitan Trust Co
Metropolitan Trust Co
Wenae Eens
Exchange Trust Co
Teeter Ee Neee
Federal Trust Co
Massachusetts Trust Co. Mattapan Trust Co
National Rockland Trust Co
National Security Trust Co
Aee
New England Trust Co
Senna
Old South Trust Co
Prudential Trust Co
Puritan Trust Co Bee
Tremont Trust
Bunker Hill
George Fairfield
Weed Sewing Machine Company
Hammett
London
Jordan Marsh
New Grass
Pine Grove
Adi
Wm. Elliott
Burnett
Warner
Miles Co
Tremont St
Summer St
Canal St
Union St
Cor
Wash
Bromfield Is
the Ginter Co
C.B. Brown Co., Inc
Specialty Shop, Inc
Washington Street
Tremont Street
Marquette
COS Loe United
Troy, N. Y
Beechaw’s
A. G. van Nostrand Wert
St Charlestown, Mase
Rubber CO
Sullivan Brothers
Eraxr
Summer Street
Soge
D & Ts
IENTT
MY Clothier
Hanover and
Portland Sts
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