Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1917-04-27
HALF BILLION IS
ALLIES MONTHLY
DRAWING ACCOUNT
GREAT BRITAIN GIFTS ARGESl
SHARE WITH FRANCE AND
Rl SSlA NENI.
TO Be SPENT IN AMERICA
FOudstuffs. Munitions. Coal, Cloth
ing, Aud Railway Equipment
Likely To Be Commodities
For which Money VIII GO.
Ey Associated Press

WASHlNGTON. April 2i-Prc
liminary report Of the treasury del
rdrtment upon which Secretary Nc.
Adoo will base his recommendation.
tt the President as To the size OF the.
first bond issue under the >.Np"-
OOp. 600 finance law indicate NAT
the United states will be called up.
on 10 finance the allies tn the eN
tent of at least 100000. 900 ami
possibly $500. 600 600 month.
The tentative program ALSO calls
tor the expenditure Of virtually '-
cry dollar oi tho borrowed money iu
tins country for foodatuils, muni-
ticns. coal. clothing rail.aF equip
mmt. and other supplies.
The estimates still incomplete arI
subject t0 revision iuaicat" ,hc ioi.
lowing entente needs
The Apportionwcnt~.
20. Great Britain. s. non",'oo
10 100000 month. i"r
France ,rom sIu0ooo.oUN -o Nl-.r
UnlHU1 f0l Russia. a sm 9uaa.'f
mined uut supposed to ur 100
t0. 600 month, depending lar.r.f
ruun the abilty ol maeu'ar'liint
plants m this country o. meet Ter o'
uards. mostly for supplies uth'I
tlau .1odHlfs and munitions Cor
Italy about S5o.1oo.ooo @ month
Should these requirements b. "''
ir their entirety. tho $4,000, H,noN,U'o
avaia. bic for lending tlc allies "'1'D
he exhausted u from Sis 90 seven
end one-hdlt months.
II Is likely. however, That the pre-
hninary estimates can be- pared dow
10 po.nt where, withou, omiii'nn-
essentials the huge lnan could n'
,.aec 40 cover ~ tlun-us for
much longer time possibly ior '"'
wear
Secretary M,Adoo aud nis assist
ants devoted the day almost wholly
60 a study of entente financial ar''.
IIuai Ncw Certificate.
Indications we're not lacking that
Mr.. NcAduo would consider favor
,lIv the suggestion thst be- oi'".
soon another block of treasury r'I
ufiratce to the banks OF The coun
try through the Federal rcs'' Sd
hanks. The second of'orins 10 Va.
said probably would he the Same
alzc as the first. S-5U.ooo.0oo. and
might be offered within ten DAYS
should the government decide tn ii"
arro the allies Co The eNinui 90. -" ..
400 600 month. approximately {I.
GOO uuu 600 would bo needed d
meet requirements prior 30 june p.
the date upon which the first pr'
goods of tho tend issue %. nloi'
will &c. available.
A today. conferen with Fron".
and Italian regrr8eutatiy's. ih
needs OF those nations wore discuss
ed iu detail.
France. it was reported is spend
inc from 5000 100000 f. t'-H.nuO
GOO abroad at present. onrh'f o
mon. ~ which is being pn.i ono d
the United states.
France Needs SnUO.uaOOOo.
n be- understood that repre- ouia
tor. acro made tn tuo rnifcl Stgt'
fa,t "a heavy burden would Boz if'e
from France shoulder Dr. 500
could D.. found % Furnish Franc
with from 100000. .pu. t1 s--".'uN
0oa monthly. designed to cover h1
.,rereas NOT orIf n '.e .n.'c
states but portion oi ,auFe Boz oih'
,rrrtri,- The credit 0f Great nrl
min. Do vas pointed or' would
wrfrar enhanced 90 tHe Amer.
aoyernmout could relieve tle Er.'H
r.rarrmsut 0l ffo neces ..s ci u
ri.hue credit t0 France ior up. li'
pg- ha-e1 iu Great Britain.
ftalv's chief concern De- Win b.
te,Iatufl and cool Dp'as 1'
.sra,irn tHer. 8. -ail tn demand r
ri.r "a. .ror or .f cu Ya flrr lri
re enrlr 0 rr H.f4Ir'. Ur
trrr Great Britain i.'a .H
rr.rf shore g $3.50 a..0 H Ir
.fsrslrf u America.
Els.h.s imm f.sie needs i
,re4rs o. fn Furnish he- tE. .1r
.un .uI railway c.I.au0H' "
aa other rlrIr. n frtf r r'I
t.r4 ir detail being ro-trmr'.f'
b. OBJ. Amer conn
vffr rIi.u Root vin H. .H..-ua
soon t1 .Ist u-t country