Arizona republican., 1917-10-15
LIBERTY BONDS T0bJE G|IF FISF0R
 NEW HOSPITAL
Red Cross Committee Plans
 Campaign to Aid Govern ment and St. Josephs;
 Banks Will Cooperate

St. Josephs Hospital must be rebuilt
 and the new Liberty Loan Bonds must i be sold. How to accomplish these two i things at one time is the problem Red lCross committees are now endeavoring
 to work out And in this these commit | tees already have been at least par 1 tially successful.
 ] Realizing that many citizens when
 made aware of the dire need of mod =
 ern hospital will ultimately subscribe sums within their means in order to 1 hring this about, the Red Cross has de-
 cided that those engaged in promoting
 this work can readily negotiate the new | four per cent Liberty Bonds. And so | they have begun a campaign looking to
 the purchase of these bonds. which in | turn will be placed in the hands of the | Sisters of Mercy to aid them in their
 work of restoring St. Joseph's Hospit- 1 al. They have ascertained that these l bonds may be handled through banks
 as collateral security for notes at their face value, these notes to draw four per cent interest. This, together with the | four per cent the government will pay
 on the bonds will net the banks the usual rate of interest on loans.
 1 It is pointed out that the turning over of Liberty Bonds to the sisters or I to the contractors will mean that a | loan equivalent to the amount of the ! subscriptions will be obtainable at four per cent during the life of the bonds and no principal to meet on the part, either of the subscribers or the bene- 1 ficiaries.
 Mrs. F.. Payne Palmer has been
 named as chairman of a committee to
 tkxar ttar- tf,t ha of ph | scians She has agreed that she will continue her efforts until she has raised at least $1,000 in this manner. As q starter, Mrs. Palmer has sub scribed for bonds amounting to $1OO. Mr. John J. Welcome, one of Mrs. ! Palmers appointees on the committee, has subscribed $50. The ether mem ! bers of this committee are Mrs. Willard Smith and Mrs. w. o. Sweek. They will begin work in earnest today and expect to have reached the Sl, 900 mark within a short time.
 Another committee named to canvass
 nurses and former nurses is headed by Mrs. Win Wylie as chairman. This committee also expects to raise Sl,0OO for the hospital and incidentally to ad- vance the sale of the Liberty Bonds to that extent.
 That the hospital will secure ample funds is the belief of all interested in the welfare of the institution, but these 1 funds will not be forthcoming without | hard work An individual subscription of s1 900 already has been made, in this instance voluntarily and without soiici-
 tation. It comes from D. w. OCar-
 roll, rancher living north of town. II was Mir O'Carroll who gave to the hos 1 pital the two lots adjoining the main l building where the nurses home since
 has been erected. He had been patient 1 at the hospital some years ago and was | not expected to live. But he ultimately recovered and in gratitude for the | many kindnesses shown him while III 1 MT. OCarroll deeded the lots to the in | stitution. Today the hospital owns the 1 entire block with the exception Of a 1 single lot.
 I The Maricopa County Medical So- | ciety is bending every effort in the work of securing the needed help for the hospital, and in this connection Il
 is announced that every business and profession is to be organized shortly and l the work of obtaining subscriptions car !, ried on systematically. One of the mos' i important pledges made is that of pr
 E. Payne Palmer who has quietly an d. .nornced that he will duplicate tn.