The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1916-02-27

Ors, the big traders, the manufacturers
and the fnanciers for the success Of the
loan. The cooperative, the syndicalist
and the mutualist organizations were
particularly Eestful in promoting the
operation.
tain banks were prompted by a kindred
spirit OF solidarity to pay in advance the
coupons due at the beginning Of the new
year. Certain manufacturing and min
ing concerns advanced TO their help not
only two weeks wages, but the premiums
usually bestowed at the end Of the year.
A credit society which subscribed it.
self for four million francs even went
so far as to advance three months wages
in addition to the annual premiums to
such Of its employees as were anxious TO
subscribe.
During several weeks throughout the
length and breadth Of France the school
teachers made their lessons center about
the loan. In both the evening and day
schools the more important passages in
the finance minister's address to the
chamber were read, explained, dictated
and even committed to memory
The arithmetic classes were given
problems designed TO bring out the ad-
yantages of 5 per cent rentes as invest
ments. The inspectors. in the course Of
their vistations. took the loan for the
lQeule OF luGlT ldlhS 10 pupils.
Joffre issued to his armies a general
order. urging in his customary hearty
and familiar vein. hisNi|oldiers TO sub
scribe to the loan and to write home To
their folks TO do likewise:
"On the 25th of November France
emits great loan to meet the expenses
Of the national defense. All the appeals
that have been made since the beginning
of the war have met with a cordial re-
&c
knows how rich our country is and be-
cause everybody has confidence in her
destinies and in the favorable issue Of
the conflict
you have doubtless heard your par
ents recall the terrible hours Of 1870.
After that war there was the loan OF the
liberation of the territory This time,
thanks to your efforts, it will be, as the
minister Of finance puts it, the Loan Of
Victory.
Ponder these things; write them to
all the relatives and friends you have
left behind in your natal towns. Tell
them that to subscribe to the loan is to
serve France, is to combat for her along
with you, is to give you the best possible
aid at the present moment, and is like
wise to assure your future, and with
your future, that of your children"
More than 100000 persons subscribed
at the Banque de France (where the
average subscription was presumably
large) and more than 500, 900 in the
postoffces (where the average subscrfp-
ton was presumably small) and there
was never before such an avalanche Of
registered mail addressed to the big
credit companies. The insurance COM
pany La Mutuelle de France ct des
Colonies" subscribed 10000, 900 francs;
the "Societe des Veterans des Armees
de Terre et de Mer" (correspondinK
roughly 20 our @. A. r., l2,OOO.OO0
francs: the "Syndicat des FGbricAnts
d'Huile." Ia. 900 900 francs: the Fra
ternaI Association OF French Railroad
Men" zoe. 900 francs In the city %
Marssilles alone the subscriptions for
the FIRST day amounted 20 zoe, 900 900
trance sum which included ono individ.
ual subscription Of over . 900 600 francs
and several Of io00.0e trsAex