Show Our Fe Financial lii e 1 R Rating e J JE i f NE E in interesting feature of the int international to government for rev rei re re- loan to the Japanese v i construction purposes announced nn simultaneously in inthe the United States Great Britain and I. I Holland Hollan is th tit that t i bonds to be sold in the latter country will be payable in U. U S. S g gold ld in in in Ne New v York This is the frist instance in international financing according ito o leading 1 authorities where a foreign bond sold in HolI Holland Holland Hol- Hol I r land li Has s b been en pay payable bl in in inU United J it H d St Stat States t s mon money J and nd by a New York bank it r B Before ibi the war fr Great Britain was con con- con con- 1 the worlds world's banker When great loans L Liere v ere i were iere made to te foreign countries the interest f. f and anti principal were payable in n pound sterling Holland always a thrifty nation l has s t taken ket ikei an in I active part piff ft with Gf Greaf l f Britain ii in irit international in ti tid l financing and nd subscribed to large arge in- in in internatiOnal international y U Jern loans In ord order rd t r to secure t tie the e great great- f st d degree gr gre of f s safety fety it had always always' been the J E pr practise ir of M i H Holland's Hollands ll nd's ba bankers k rs to d demand mand payE pay- pay t ment in the money y of Great Britain But now v that nation and nd all other nations Ibok ik I. I upon pon the credit cred of the United St States fes as s the most stable table There exists the opinion tJi t there is h is much less fless chance for o rl i s to tp d depreciate pr date in va value ue thus increasing the i i investment value o of the Japanese bonds than a if it were payable in pound sterling r r I t OU Off Offerings ris of oo of of th the jap Japanese Japa- Japa 4 ri nese se bonds w were re made in the United States I The money F will cill be spent in this c cu fry for fOt forthe n. n f the e purchase of f raw matei materials ls t fo 15 be used Ud s d in int t the reconstruction of of th the region deV der st t f d j-j j durin during th the f recent t earthquake k and iid fit fits fire fitin in in i 7 J. J Japan Holland had the privilege of participating p patin ting in a t portion of th the l loan an a allotted 1 Hed io to toh o othe h the fhe United States G Great eat Britain bankers a c offered d g OO of fH the bof bonds ds When the war weary and war poor nations t of f E Europe rope get re ready dy to forget animosities and anc and jt get t together gether on on a reconstruction plan these 0 nations s VIiI took tank to the world for large loans jt to tide over over the dr drained ined treasuries until ther the r j nations s can cn get et back cm dri h their feet again The J United States wilt will b be asked sk d to d S subscribe heily heat heat- ily to td th these se requests for credit I In accepting J t these s loans the th American f ti an n people will ilI b be guided gud cf f to 1 a a great grea e extent fent by th the integrity of the nation asking s. s ilg tn tHe l I I The Jap- Jap Japanese Japs s p people h have ve created r reat d. d a worldwide reputation for thrift and ability to per m me s serious rious obstacles confront t tf 2 f i ing the such as s the recent earthquake i Faith in th J Japanese panee people made the s sale le of f the h huge ge loan possible i I |