|  **CATERPILLAR                  FINANCIAL SERVICES CORPORATION** POWERNOTES                  (R) With                  Maturities of 9 months or more from Date of Issue  |
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| Registration                  No. 333-124310                                                                                                                                             |   | Trade                  Date: | 12/10/07 |
| Filed                  Pursuant to Rule 424(b)(3)                                                                                                                                        |   | Issue                  Date: | 12/13/07 |
| PRICING                  SUPPLEMENT NO. 1071                                                                                                                                             |   |   |   |
| (To                  Prospectus Supplement dated July 7, 2005 & Prospectus dated May 13,                  2005)                                                                      |   |   |   |
| The                  Date of this Pricing Supplement:  December 10, 2007                                                                                                       |   |   |   |
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|-------------------------------------|-----------------------------------|------------------------------------------------|---------------------------------------------------|----------------------------------------------------|----------------------------|------------------------------------------------------|--------|---------------------------|--------|--------------------------|--------|-----------------|--------|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| CUSIP                  orCommonCode |                              | StatedInterestRate                  (1)        |                                              | Maturity                                           |                       | Price                  toPublic                  (2) |   | Discounts&Commissions |   | InterestPaymentFrequency |   | SurvivorsOption |   | Yes/No |   | SUBJECT                  TO REDEMPTION OR REPAYMENTDate                  and terms of redemption or repayment (including any applicable                  regular or                  special record dates) |
| 14912HHC7                           |                              | 4.000%                                         |                                              | 12/15/09                                           |                       | 100%                                                 |   | 0.400%                    |   | Semi-Annually            |   | YES             |   | NO     |   |                                                                                                                                                                                                       |
|                                |                              |                                           |                                              |                                               |                       |                                                 |   |                      |   |                     |   |            |   |   |   |                                                                                                                                                                                                       |
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|                                |                              |                                           |                                              |                                               |                       |                                                 |
|                                | Principal                  Amount | Proceeds                                       | Dealer                  (4)                       | 1st                  Payment                  Date | Day                  Count |                                                 |
|                                |                              |                                           |                                              |                                               |                       |                                                 |
|                                | $627,000.00                       | $624,492.00                                    | LaSalle                  Financial Services, Inc. | 06/15/08                                           | 30/360                     |                                                 |
|                                |                              |                                           |                                              |                                               |                       |                                                 |
|                                | Yield                  (3)        | Moody’s                  /S&P Rating |                                              |                                               |                       |                                                 |
|                                |                              |                                           |                                              |                                               |                       |                                                 |
|                                | 4.000%                            | A2/A                                           |                                              |                                               |                       |                                                 |

|                                           |   |                      |   |   |   |                                        |   |
|------------------------------------------------|--------|---------------------------|--------|--------|--------|---------------------------------------------|--------|
| Original                  Issue Discount Note: |   | Yes o No x |   |   |   | Total                  Amount of OID:  | N/A    |

|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| (1)    | The                  interest rates on the PowerNotes ® may be changed by Caterpillar Financial                  Services Corporation from time to time, but any such change will                  not                  affect the interest rate on any PowerNotes ® offered prior to the                  effective date of the change.  After the issuance of the                  PowerNotes® covered by this Pricing Supplement, $873.823 mm principal                  amount of PowerNotes® remain available for sale pursuant to the                  accompanying Prospectus Supplement.  |
| (2)    | Expressed                  as a percentage of aggregate principal amount.  Actual Price to                  Public may be less, and will be determined by prevailing market                  prices at                  the time of purchase as set forth in the confirmation sheet.                                                                                                                                                                                                                                                                                                                                  |
| (3)    | Yields                  are quoted on a semi-annual bond equivalent yield                  basis.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
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| (4)    | As                  of September 12, 2005 ABN AMRO Financial Services, Inc. changed                  its name                  to LaSalle Financial Services, Inc. Consequently, all references                  to “ABN                  AMRO Financial Services, Inc.” in the prospectus are amended to read                  “LaSalle Financial Services, Inc.”.                                                                                                                                                                                                                                     |