Arizona republican., 1917-12-16

are being sold to yield 5.8S per cent and may be paid for In installments. In a proclamation to the American eX-4 peditionary force General Pershing says:
 As allies of the French, their inter- est in the success of this loan is our own. A liberal response to their plea will mean much to our glorious allies. There were many French subscriptions to our liberty loan. The careful con- sideration of the French loan as an in- vestment is urged on all members of the American expeditionary force The commanders chief will be much gratified to have liberal subscriptions made by the members of his com mand."
 In appreciation of this proclamation, General Pagneau, chief of the French military mission, sent General Per shing the following letter:
 The cordial spirit of your plea, which reasserts the close union be- tween our countries and conveys a pleasing compliment to the work al- ready done by France will be highly appreciated by the Frensch govern ment and the general commander-in- | chief
 | The army itself is helping to beat 1 the submarine. Figures just made available show that the American eX- | peditionary force by paying close at tention to the business end of it's ac- tivities has released the ships of the allies of the task of carrying many thousands tons of army material, the ships thus released being utilized for other services equally important.
 This has been done through the acl tivities of the general purchasing board which has bought all the material pos sible on this side of the Atlantic rather than order it shipped from the United States. The magnitude of the task is shown by the figures for the first half of November during which one of the numerous branches of the board bought in France 26,O00 tons of tools and equipment, 4,000 tons of railway ties and 160 cars. These purchases in volved an expenditure of 1S,000, ,00C francs. a sum which goes to help the industries of France, while at the same time saving the cargo space of some twenty vessels of 1,600 tons each.
 This saving for a single fortnight 1T a single army branch is illustrative o1 what has been done in every brancf by the new purchasing service fol which General Pershing is utilizing bankers and commercial experts who are anxious to do their part in Franc, and who, under the direction of regula army experts, are now engaged in worl similar to that which occupied them il civil life.
 The price fixing policy which tn United States has adopted at home il
 certain articles is being carried on b. the army in France, aided by shrew' use of business information and specia aid from the British and French au thorities. In fact acquisitions are sen to Washington only when the desire
 goods, supplies and materials are no obtainable in Europe.
 Here is what was done about boiler:
 the need of which developed recently
 American factories were ready to sup
 ply them and the order was about to b placed when the board determined tn boilers could be made here if raw ma terial were available. The raw mater ial moreover, would take up one-tent of the cargo space of the finished pro | duct, so plates were requisitioned an the ship bringing them carried a lare quantity of other materials. The boil CTS now are being built.
 When the ned of coal develope, England had plenty but bottoms fC carrying it were not available. I'll
 board promptly commandeered Amer
 can vessels and now coal for the arm
 the Red Cross and the French civilia population is coming across the char
 nel at an increasingly rapid rate. Whatever material is needed
 whether food, steel, wool, cotton (
 zinc, the board confers with ii
 volunteer advisers selected from tt
 foreign branches of American com
 mercial houses and these organize
 tions give all their obtainable 1T
 formation. This aid also is share
 with the allies who respond wit
 co-ordinating efforts.