Black and white newsreel with sound entitled "Loyalty: MacArthur Reviews N.Y. Anti-Red Parade": Various shots of "Loyalty Day" parade on 5th Avenue, people bearing the American flag, anti-communist banners visible. MS of Americans in different national costumes, including Native headdresses. MS of man in Stalin costume carrying sign that reads, "I just want peace" while pulling a toy tank. MCU of men in parade carrying banner that reads, "Every Communist is Moscow`s Spy".