Show FIRST WEEK O OF VICTORY lOAN DRIVE GRATIFYING Percentage Sold Is Higher Than at Like T Time in Fourth Campaign but hut Total Is 50 Million lillion Less W v ASHINGTON April 26 The The nations nation's total Victory Liberty loan subscriptions tonight stood at the officially recognized recognize result of five days of campaigning Little of today's today business found its ils way into info the figures as given out ont bi bithe b tho the treasury At the close l of if the first of or ortho the tho fourth Liberty loan Joan campaign the bo time tim c corresponding to tonight in inthe inthe the Victory Victor S loan Jonn drive subscriptions of had been rolled up up- up more than subscribed this week Since the fourth loan was larger than the current issue the percentage at nt the end of its first week weck was 1425 whereas 1568 1565 per cent of the Victory the Victory issue ha has been subscribed The St. St Louis district stands first In Inthe Inthe the tho percentage column with 30 0 Per Percent percent cent of or its quota already alread subscribed and aud covered cred with initial installment pay pay- ments menta The Chicago district ranks second and Boston third In volume of sales New ew York has tho the largest sum while white Chicago has U 1 5 Total b by District Subscriptions b by districts and percentages percentages percentages per per- are arc as follows Subscriptions SubscriptionS' Pet Pct St St. Louis S 30 Chicago 1 0 Boston Doston 2141 1 it Richmond Hi 1312 1012 1 Minneapolis 1535 Hi 5 Cleveland 6 1399 Philadelphia 06 1347 New V C York 1333 Kansas City 1306 Dallas 7 San Francisco Atlanta S Scalpers I r Boxy It developed today toda that several government government gov gov- agencies Including the de department de- de department of ot justice th the federal trade commission and the treasury have ha taken steps looking to investigation in of or reports that Liberty Libert bond scalpers rs are aro doing a thriving business in man many localities b by J b buying ng up bonds of pa pat palt t tIssues Issues at very low prices These bond brokers it has h been reported urge Continued on page 2 J.- J. FIRST WEEK OF VICTORY LOAN DRIVE GRATIFYING Continued from Crom Page Pago 1 persons to sell I bonds Already bought and to subscribe for tor the new nev new Issue 0 or of Liberty notes In some cases amateur brokers have hl paid a as little HUJa as 70 70 and ISO SO for tor Libert Liberty bonds although tho the marl market et prices for all past Issues are arc above e 90 90 The Tito investigation has been undertaken to ascertain whether buyers of or these thele r bonds alue In have ha nn In misrepresented fr- fr i. i I. I the market u u n u WF KIU LII I J price Newspapers were urged again o to publish in III prominent position to market quotations for bonds of or past s Issues as telegraphed to them clail dally daily to prevent small bond owners from being mulcted of or their savings s Claim Id I'd Other reports to the treasury are to the effect that bond a buyers in large e c cities advertise that the they have been n licensed by tho the government so to buy e Libert Liberty bonds Officials explained that no brokers have been licensed by the government o to bu buy bonds an and that n no formal 1 Restrictions arc Imposed s by th the e treasury In several cities s men have hav e st t established what tho they call Liberty bond exchanges offering to take Liberty Liberty Lib Lib- erty arty bonds Lands in trade for cheap jewelry or other merchandise Prevention of fraud or of oC sharp practices practices tices in these cases rests largely largel with local Libert Liberty Joan committees it iL was said fald since grounds ground's cannot often be he r found for prosecution under federal laws Jaws f f. f J f 11 1 J d c Chicago Lionizes s Sims 1 A As 3 Booster for J Loan oan Chicago So April 26 Admiral 6 Admiral William S S. S Sims came to Chicago o toda today as a Vic sic Ic toWi t to tor tory 3 loan booster and was lionized lie lIt Wi was met by a committee of oC prominent nt ci citizens zens Including Maj Gen I Leonard W Woods and addressed a luncheon of ut b bu busa business men who gave him an ovation oration sa sahi said to have been unsurpassed in the h hi hiHi history of ot the A Association of Commerce r Hi Hith Ito IIo later ater reviewed a parade parado of or more tl th than 2000 from the Great L Li Lakes Laes k cs naval training station The Lim ad adal admiral ad ad- m miral al paid hl high J tributes to General I Pe Pershing and and tho the British grand STand fleet I MIn In In tho the parceling out of oC praise forr for or r v l winning the war and bringing it to a close a full ahead year of time dont don't fa fagi tall fall gentlemen g said tho the admiral In I S' S gi gimi riving giving the tho British g grand brand fleet a n full 1 rr mi mith meed need of or praise for Cor had it not been for Cor II th the grand fleet there thero is 15 nothing In the VI world that could have saved the thc world fr from complete German domination Tri Tribute IJ n if to UJ I r must pa pay a tribute of oC honest ad ad- admiration rr ml to General Pershing the man I an anth and commander I re regard ard him hint as one of or t tJ th thas the greatest of oC his times particularly a as I know of t h 0 tho the great difficulties un- un der f dc nc no labored at ac times and anu of oC th the thc the monumental monumental obstacles he was fc forced to or overcome I am ant proud to sa say th thIc that I myself and the American AmerIcan American Amer Amer- Ic Ie ican squadron as much a part of ot his ar army as any portion of or the tho American c ex expeditionary forces Corces Tho admiral also told something of or orthe th tt thIn the achievements of oC the na navy In carryIng carrying carry carry- In Ing InS the army to Franco Prance without loss o s of or the landing dalt dally daily for man many months of oC an nn average of ot tons of oC sup sup- pJ plies Cs While I 1 am saying s a good word vord for ot others I most moat certainly do not Intento Intend tomi to overlook o the tho American newspaper newspapermen mi m mij men at nt home a aril and d abroad he said jmj Thos Tho Tho j J fought a hard battle too and m mj man many of ot them were heroes In the highest highest high high- cs est sense of th the term and 1 I will sa say to tn th their everlasting credit that never neer yet ct b ha has bas ono one of ot them broken faith with me me haL L Liberty Bonds as C C. Collateral Approved Washington April 26 A 6 A ruling today to today today to- to daW da day b by Comptroller of oC the Currency W Williams vI virtually tu aJI removed all alt limita limitation tic tion tlonA on loans by national banks bank wl wi where Liberty bonds or Victory Victor Liberty lo loan Joan notes are tro deposited as security tp tl I n fh thI extent of ot 10 LOi per cent or more of ot tit tin tinto the amount borrowed The action extended ex extended x to te tended until January 1 1 l 1920 O the period perlo In ln which national banks are permitted to tobo make loans on security of or Liberty Libert bo bonds or notes In e excess of oC 10 1 PC per cent of oC their capital c. and surplus Tho rho comptroller also reported that an anba analysis of oC statements of oC national b ba banks baks n g as is of March 4 1 1910 1919 showed that all although J a to majority of tho the seventeen BC billion JV dollars dollan of ot Liberty bonds Issued V wc were placed h hy fly national banks nearly all of ot the bonds went vent to the customers of oC the bancs bans and md not to the banks t themselves 1 P P. Patriotism Is Issue S Si Says LYS Carter Glass Denver Colo April 26 Appealing to th the patriotism of ot the people to support tino the tin Victory Libert Liberty loan lonn rather than to o their business sense Carter Glass set sel secretary 0 of the treasury In opening DC Denver's drive toda today In n a speech be before before be- be fo fore tore the Denver Civic and ancl Commercial n as association said that the triumph of ot I I I 1 t t h patriotism has never before been as as' as ns clearl clearly exhibited as it Is being displayed dis dis- displayed illS illS-I played during during- the course of oC tho the pros pros- ont cut loan Joan I drive 1 In explaining this statement he ho fai said for Cor weeks ho had hold hed conferences with the leading bankers o ut otho tho the country en endeavoring en- en dea to dl determine th the tha si o find and terms of oC the loan issue isue and acid means for Cor making making- it attractive C It was wag the consensus of opinion of oC bankers declared ho tho lI secretary wo ve could not nOl put JUl this loan Joan over over cr b by appealing to the patriotism of ot the American people I T Insisted that It I could and that Is why I am campaign in ing for Cor the loan on a patriotic basis bash rather than as a cold void blooded business s proposition Buyers ers in Twelfth District San Francisco A 6 26 The The amount of the tile Victory Liberty loan a actually inthe in inthe the banks of oC the Twelfth federal r r re 1 i servo serve district was but SUb SUb- sub sub-j not ct yet accounted or world i bring the tho grand total up to I Ithe the tits district loan headquarters un- un I flounced here today loday The district quota is The number of subscribers sub Hub s scribers to date was given s at t I Oregon Gets Half Portland Ore April 26 Banks 6 Banks members of oC tho the clearing house subscribed sub sub- subscribed scribed today for 2 J worth of oC j Victory loan bonds bringing the tho city's tot total subscription up to or almost half its' its quota flanking Banking officials orn- orn officials stated til th the action was tal taken en to meet the somewhat s serious delay to c Oregon was being being- subjected in i completing I its S loan t owing o tl to toper PL per Jd I failure to ta take e up op its share shue of t h bonds quickly I Spokane R Reports ports Spokane Wash ash April 26 Eastern Eastern Washington has hal subscribed to date 2 OJ 00 for Victory Liberty bonds of or atola a total tola quota of OC It ft was announced an pounced nt Victor Victory loan headquarters hero o ero toda today and Spokane has sub sub- sub subI I scribed for Cor 1 14 of oC a quota quola of oC Poster Hero on Tour San Francisco April 26 6 Gordon Gordon Gordon Gor Gor- don R. R t ONeil O'Neil 1 17 tho the American soldier who pose posed for lor the Victory Liberty loan td roster t They rhey Thought ht Wo Yo Couldn't li ht has started a state speaking speaking- r. r u ur for tho the loan Jonn loan headquarters I hero o announced tolla today 1 Voorhis The rhe units yet et to 10 bo bl demobilized ed here before beCore the tho dl division n la is completely mustered out of or the tIC service ser arc are the In Infantry fantry the first detachment arriving this this evening accompanied nc by b- deb debt 11 J- J ments merits of or the thc engineers eng arid and military police and tho the Hoboken casual company compan All these thes are jn made up of or numerous Utah men 14 1 vl |