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Show AMERICA, MONEY LENDER. The United States is the money resource re-source of the world. Not only have foreign for-eign ovcriuiient s come to thin country coun-try for heavy loans, but also there id beinnui a series of requests for financial fi-nancial aid from European inunicinal-ities. inunicinal-ities. The oily of Copenhagen lias just completed com-pleted arrangements to float a bond issue of .$13,000,000. 'This will bo tho most important since the French cities loans made during the war. The bonds will run twenty-five years and will bear interest at ;)'. per cent. A New York syndicate is handling the transaction. Tho next Kuroprnn city from which n request for a municipal loan is 'exported is Antwerp. This latter loan differs slightly in character from the Copenhagen Copen-hagen issue in that it probably will not be an entirely new one, but a part of one floated in Kurnpc some time ago and recently withdrawn from that market mar-ket in ord"f that the bonds could be disponed of in this country. With sores (if cities and towns in Europe at financial bedrock as a result of the drain due to the war, American financial interests are looking for somewhat some-what of a flood of applications for money. Vast sums arc needed for re-enutruelinn re-enutruelinn work by muniripali t ies in the war zone, and also by cities in neutral neu-tral countries like Denmark which suffered suf-fered severely through a demoralization of their trade. These sums must be supplied, sup-plied, and since th" United States is the only country that ran spare the money, it is to the financial markets of America tbat the borrowers turn for help. |