Arizona republican., 1917-05-14

institutions and also to the postofflces and sub-treasuries. As the law pro nibts the allowance or payment Of commissions on subscriptions all those whose applications are made render service as patriotic duty without compensation.
 Al applications must be in the form prescribed and be accompanied by payment of two per cent of the amount inc bends "upned TOT. Applications must be for $50 or any multiple there O4 put any application for one $50 or S100 bond until further notice may be allotted at once and payment In full accepted against delivery of an interim certificate. Applications must reach the treasury department or a federal re- serve bank not later than noon, June 15, 1917, the right being reserved by the secretary of the treasury to close the subscription on any earlier date. 'Allotments will be made as soon after June 15 as possible. The secretary reserves the right to reject any sub scription, or to make allotment of part of the ailotments subscribed for, and to allot in full upon application for small CT amounts of bonds even though it
 may be necessary to reduce allotments on applications for larger amounts
 should any such action be deemed by him to be in the public interest: and his decision in these respects will be
 final. Iii any case of the rejection of an application the accompanying payment of two per cent of the amount applied | for will be returned. In case of partial i allotment the two per cent payment i will be retained and any excess applied upon the next installment. Upon allot- ment of bonds, the subscribed will re- ceive notice thereof signed by or on ! behalf Of the federal reserve bank of his
 district. Unless and until payment in
 full has been made, further payments
 must be made when and as below pro
 vided under penalty of forfeiture of
 any and all installments previously
 paid and of all right or interest the
 bonds allotted"
 The terms Of payment referred to are
 eighteen per cent June 2S, twenty per
 cent July 30, thirty per cent August lo
 and the remaining thirty per cent Aug
 gust 30. It is strongly recommended
 that subscribers avail themselves of
 the assistance of their own banks, but
 where subscriptions are sent direct to
 the reserve banks or the treasury de
 partment they should be made by bank
 check, postoffice or express money or
 der or in cash.
 i All checks must be certified. ] If payments are made other than by cash the payee should be designated as treasurer of the United States, liberty l loan account" except where subscrip-
 lions are sent through reserve banks. i Such checks or money orders should be
 made payable to the federal bank of---. liberty loan account" Interim certificates for installment { payments,'' the circular continues. due
 on or after June 2S will be issued by i, the reserve banks" Upon payment of { the first installment, June 28, the mo- i tlce of allotment must be reserved, and
 upon second third and fourth install ments the interim certificates must be
 presented to reserve bank in question.
 When the last inStallment ilaS been
 paid the interim certificates will be
 taken up and the bond delivered. Inas-
 much as the bond vii. bear interest
 from June 15, the last installment
 should cover the accrued interest ! Delivery of definitive bonds to hold
 CTS of full paid interim certificates will
 commence as soon as practicable after June 2S and delivery expense will be i borne by the government
 | In making public his decision to tour i invitations Mir. McAdoo said:
 1 Beyond the engagement to speak at
 Kansas City, May "A, plans have not 1 been made definitely. 1 must return to l Washington as soon as possible after ] that date. Invitations have been re- i ceived from many other cities, but it will be impossible to accept all of 1 them