Wednesday, October 25, 2017

Liberty Loan Festivities, New York City, October 25, 1917

On this day in New York City festivities were held to promote the purchase of Liberty Loans.

Albert H. Wiggin, president of Chase Manhattan Bank; financier J.P. Morgan, and Walter E. Frew, president of the Corn Exchange Bank at the Liberty Loan Parade in New York City on October 25, 1917.

Dignitaries turned out in force.

Liberty Loan Committee members Thomas William Lamont, Jr.; William Woodward, president Hanover National Bank; Charles H. Sabin, president Guaranty Trust Company; Martin Vogel, assistant treasurer United States; Gates W. McGarrah, president Mechanics and Metals Bank; James S. Alexander, president National Bank of Commerce; M. Schiff of Kuhn, Loeb & Co.; Allen B. Forbes of Harris, Forbes & Co.; Seward Prosser, president Bankers' Trust Company; Albert H. Wiggins, president Chase National Bank; J.P. Morgan; ; Walter E. Frew, president Corn Exchange Bank; James N. Wallace, president Central Trust Company; Charles V. Rich, vice president National City Bank; ; Jacob H. Schiff, Kuhn, Loeb & Co. attending the Liberty Loan Parade in New York City on October 25, 1917.


A parade was held.


Exotic weapons of war were displayed.

The captured German UC-5 Type UC I minelayer submarine which was displayed as part of the Liberty Loan drive and renamed U-Buy-a-Bond.  She sank 29 ships sunk for a total of 36,288 tons in 29 patrols. On August 21, 1915 the UC-5 became the first submarine minelayer to penetrate into the English Channel, laying 12 mines off Boulogne, one of which sank the steamship William Dawson.  She ran aground while on patrol April 26, 1916 at and was scuttled but recovered by the British.





 British Mark IV Tank "Britannia" which was brought to New York City and renamed the Liberty and put on exhibit to help sell war bonds. It is currently is located at the U.S. Army Ordnance Museum at Aberdeen Proving Ground, Maryland.

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