| Show BUSINESS IS BUSINESS MAJORITY sentiment in the United United United Unit Unit- ed States probably bly fa favors faor or the tho allies as ns against their feu Teutonic tonic opponents op op- op- op Tho Tile various factors that create this condition need not bo ho disI discussed dis- dis I cussed cussed sinco since the situation exists But ButI I the French Anglo commissioners will if fan fall all into grave error if they fancy 1 J this condition will affect tho the terms of tho the stupendous credit loan they thoy are arc seeking to negotiate Business is rarely sentimental This loan will be he placed if placed at all only because it is attractive It will will- will willbe be arranged because it seems a good good investment and because the transaction is necessary to the continuance continuance continuance con con- of commer commercial ial relations A American producers have havo found foun so profitable None of these negotiating baI bankers ers entertains any illusions c concerning concerning con con- m- m the certain condition of American business lied had war not be begun be- be gun They know such degree of I prosperity as the tile United States enI en- en I j joys is war born n and nd war-maintained war when war ends or when war orders cease we shall know Democratic times again Business is business in making loans whether the tn mno amount is great or small a fact the commissioners knew before they took ship for New York J It t is business not only onlin in the United States but in Great Britain When the latter country floated a war loan at home and called upon its own people to unlock their strongboxes strongboxes strong strong- boxes with the key of patriotism the government did not depend upon patriotic patriotic pa pa- biotic impulse alone to get the money It raised the interest rate rato to make the i transaction attractive rc and ana even en guaranteed guaranteed guar guar- ar I the participants in the latest loan against loss Americans cannot be he expected tobe tobe to tobe be more British than the British themselves Even those who fervently fervent fervent- ly- ly favor ly-favor favor the tho allied cause causer and md who feel they would be contributing to its success by bp subscribing to tho the new ne credit loan Joan will not be he affected by that circumstance They will dema demand d the tho highest rate of interest Great Britain and France can ean afford to pay and they will expect it to be he more than ihan the British h government go offered I its own people when it floated a n loan at home When the tle proposed transaction transaction transaction trans trans- action is made attractive it will be successfully concluded and amI not be be- fore i |
