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Show - QECLARES 0. S. WILL : JAKE CARE OF LOAN John J- Pulleyn, of Big fjew York Btxnk, Is Visitor Here. ALL TO PARTICIPATE 5gVS Various Institutions of Country Will Be Given Allotment. Wkll billion .lollr n iln LwMtatfei n1111" ' t,ov to rif). 'aiuai el r.lily rsp(l bv the tivti m'0,i ' "" -.itv, lof bnk ot' tho ruitil x--i.eolh eommissiotiers, who tflis oo-.ir.try now 'to make the loau fjoai J. Pulley", eomptroller of the IStijraa! lB,lutr: javvnir bank ot Smt York, the largest institution of A lis! in tn' worKI. with a capital f H5AIXW,fX0, who a at the Bk esterday with the -w ork BkptrtT. ta3e the foregoini; tate Cat. Vlr- Pullewi i. also one of the JftKtt of the Sew York lie iwtinued: v J Of eurse. when I left New York r the English anil l'ren h represent f tires had not arrived Then t had I hesa virtually accepted that the aatont of the aoucht loan would ha 1500,000.000. But it doubled on la arrival of the financial en,i c Close Soon. ' 1 Though not in close touch with the situation, it is apparent to me that the loan will finally be closed. The newspapers are forecasting I that result. It looks to me as if the arrangement will be similar to a that recently made with ''anaaa. I when the latter floated a larjie loan a through the banks of toe I'mted BatM njo seeured notes running vane and two years, with an 01 f te extend them for a term of v,ars. -perhaps ten or twenty, upon 5 per tent government bonds. Such an garraagemeut was readilv made. I J. P. Morgan A Co. of New York ft till handle the big loan now under - consideration. The several bau. a of the country will -be given thei-datawat, thei-datawat, based upon the sine of each institution. Our bank, the Emigrant Indust-ia'. Saving, will have a certain apportionment. We wSl be ready to participate .c .t to tha: extent. Work Out Details. I The details of the loan are now being worked out. They will be ready by the time we get back t.t New York from this trip. The BHaej will be. for the most part. E spent in the United States for nSGe of all kinds with which to f'tarty on the European war. the end if which does not yet seem to be ia sight. 7f Soiae seem to think that the I main; of this great amount of money will operate as a violation L by this country of its neutrality. I I do not so consider it. The bank- iag institutions of the I'nited 8tates or of any other r. -.tra1 na tion are business organizations, and when they do business svmpathy or sentiment are not elements that pater. Mr. Pullern is one of the very big laker? in Sew Y'ork. His institution sort of clearing house for citizens I every nation on the globe. There twenty-four tellers, speaking all the gnages that are used in .Jailv busi-w busi-w m polyglot New Y'orn. The Eng- Italian, German. Austrian. Hun-iriac. Hun-iriac. Russian, in fa-. every alien lo wants to deposit in this -a i: g-istitution g-istitution carries an account. And ore money is sent foreign exchange irongh it than any other Gotham Ink. because of the alien character of le business. |