The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1917-03-30

ffance has been a large borrower
ef inoney IN the United states. Wall
3%Htreet bankers are charging the French
soYernmept what asmounts to approx
E~ntnfeiy i1is per cent for ssa, 0oe. Geo.
Fnd the IN addition to.
Piedgine the credit and faith Of
Ifapec. IL compelled 10 peposit ti2o.-
n soc In approved securities In order
pbtain this tss. eco. ooe.
TIH relieve the French people Of this
tkn. which they can m afford 20
ohss line. a move is under way
Fnitea states to make France
ban g $1,000. Gee. eco on which no
ff3est would be charged until the
<r + Ever. and after the war the in
>rcst 9aie wuold not be greater than
E1at n which the United states Is able
- = borrow on IL own credit.
re "a q growing belief tina; in
he United states enters THE war.
e now that q step can he avoided.
ltsr assistance viii be confined
NJ the most part to naval md finan-
o. aid. In view 81 this fact the idea
placing thlr huge sum at the dis
rbani Of France immediately. without
my exorbitant Interest rate being at
nched 10 II, would be the least that
- oul 90 and thus show that years
kAe net dimmed our memory. nor de-
Froged our appreciation for the gen
rons manner In which she came 10
eur assistance 1885 years ago.
Circumstances necessarily limit our
<ctirsties In the var. We are too far
pom the firing line 10 put an ade-
3ua'e army in the field. The diff
%nlties OF transportation arc 81 great
pat Go divert ships to carry troops
Snid mean almost starvation for the
Lies. n their military operations are
be successful ther must first of all
hvs. ArfEirgp. fppa. sgd Amsriesr
7nppIlsA Anything that interrupts
fhis stre4n Sf % assistance
whether u be German submarines 80
thc transportation Of an American
Gnsy. wtakens the French and Britisi
Ynd ineieases their military difficult
fics. Therefore. the proposed loan Il
/ Franee would. II the idea H. carried
through. place a huge fund at the dis
posal Of the French government an,
d should be our duty TO see that tn.
tl.oeo.0 GOO, 600 Ia the form ~ food an,
munitions and materials reaohe1 "a
ports OF France such o gift on gu
part wonld put new spirit into ever
French soldier. II would bring ne,
courage TO the French people. !
would take France out 81 the hands o
iise loan sharks ~ money changer
md Enable the French governmnet I
sarry ont it, military policies w'thou
financial obstacles n embarras'
iuenfs.
France Is fighting our battles. bi
the doesn't need American soldiers I
help her. What she does need IS mor
- munitions Of wnr. food M ,lotl
Notion OF the kina contemplate
would he a proper expression
friendship for the French people ar
Of our gratitude to them for aid
ar Ia our war Of independence n
third article in the treaty OF i5s
signed by the Connie de- vergennes at
Benjamin Franklin. contained Ia
- pafsage:
although the receipts Of 9he mi
8 lister 81 the congress 81 the Units
States specify that the $4,000 600 ll,r
above mentioned are TO be paid at q
royal treasury with interest al 5 p
cen, per annum. His Majesty. beiI
willing 90 give the said United stat
a new proof OF his affection a.
friendship. has been pleased TO make
present OF and 10 forgive he who
arrears Of Interest 10 this day on
from thence 90 the treaty of pcaee.'