Newell reclamation news. [volume] (Newell, Butte County, S.D.) 1910-19??, 1917-10-11

! va agsfan slmitafis dsaansffat
Htle ~ 1904 there aaa6 - fnncs
/ fh1fa mila "a faiiHg fF8ff % 1919
there 8tfe 80 yig mites
liWeen tV and laia lniafa nNvi.
aatlau iDfren ~ 100 feF cent w'i't
4b hfHc ~ hel Is ffaafila maflne
has HmezlneIg expanded The fsuhag"
faHnur trench ports Is tal1 sel
doa ~ il1o010 hHa g. i0t9
.l4a bod been Increased t. 33g11mJ
+ teH
fender N tmerlean faaHee ascHnf
liHa solidarity ~ the FfeHr pi1N.
u three in1Wprea afsf 3 thoroughly
aad bantlnn system. centralized lH
+ aHa ~ tne armteaf hanbiha Institutions
81 The world, tbe Bank VI ffauee scc.
end. DO in0rHned thrift aud frugallty
81 tie French people 0s shoie. 20.
seiHof With . national economic yigOr
not elsewhere surpassed; third, wise
supervision and patriotic cooperation
/ BY the government with banking and
business interests
The government does ne pnrt r. war
rant nnd rmain tho confidence ~ The
ioifefs NJ its securities One ~ its
Wiae policies IL 10 impose new taxes 10
defray The interest chargea on ncw So
cidfy Issues II begun this practice
after The Frunco.prussian war and IL
today following the same rule In regard
10 securities issued 10 finance the pres
ont conflict This continuity Of pur-
pose. doubtless. VIII prove reassnrlne
10 ~ holders Of French government
securities
THE leranco-prusaan wnr Of 1870
1871 tgueht the French people the
meaning Of thrift and economy so
well did they learn this lesson Tint
the whole SUM Of the Indemnity de
minded by Germany. .0e00000o0
was rased within the republics con
fines by its own inhabitants and paid
or more thnn one year before the time
stipulated by the Germans.
Tho hnbit fhus acquired has never
been forgotten by the French, and TO-
day the aggregate number Of investors
purchasing the French war loans Inns
reaehe1 the amazing total Of 100000
individual subscribers. Perhaps no 9th
CT country, IN proportion to its popula.
ton, can make so good showing.
France Is particularly fortunate In
that her small investors prefer safe"
Investments rather than offerings |
which promise high returns. Govern.
meDt rentes, In France are perpetu. |
nj, and this characteristic seems to oh |
tain for these government bonds in. |
ereasng favor in the eyes Of the
French people.
The points Of sympathy between |
France aud America are too many to |
enumerate, but the spirit OF liberty and |
its resultant democracy are, today as |
always. the major Ideals Of both nm |
tions. Seeking no victories hut those
Of peace. no territory except their own |
no sovereignty except sovereignty over |
themselves the independence and |
equal rights Of the weakest member of |
the fnmlly OF nations nre to the people |
Of the United States and OF France en-
titled to rs much respect as those OF |
the uiighticst cfapirc. In defense OF |
these principles, France is engaged In
n death struggle with militant autOc-
faey and ruthless aggression, and 1t Is
not surprising to learn that she has
loaned 10 her allies and 10 other friendly |
stntns 1900 COCO francs with which
II further the ciuse 81 democracy. II |
10 IN Keeping with Americas traditions
fhat since The date on which we for.
mally aligned ourselves with France
md her allies In the great struggle
our government has lent TO France
sa7o.O00.00O.
II IS emlnently fitting that America
should now be lighting on French soil
to rake the world snfe for democracy.
The liberty that America has enjoyed
for 40 years France helped her to
achieve. The swords Of Lafayette and
Rochamhenu, aided by the guns of De
Grnsse upon the high seas, assisted In
cutting the foreign ties that hound the
American colonies prior to the War for
Independence. and from the private
purse OF King Louis himself came the
first loan to America--unsncure and
finance that historic
1t was with entire jus
ticc that Washington wrote to Rocham-
benu. ITO the generous aid of your ma
Zion and to the bravery of its sons is
to be nscribed in very great degree
that independence for which we have