This section is from the book "School Needlework. A Course of Study in Sewing designed for use in Schools", by Olive C. Hapgood. Also available from Amazon: School Needlework: A Course Of Study In Sewing Designed For Use In Schools.
Fold the middle of the tape so as to form a point, as in Fig. 86. Overhand the inner edges for three-fourths of an inch, beginning at the ends. Fold the ends under, one-fourth of an inch, and place them on the wrong side of the cloth, one-half an inch from the edge. Baste and hem them down on three sides. Turn to the right side, and stitch the edge of the cloth to the loop.
Fig. 86. - Showing a loop of tape.