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Show PREPARIIIG TO ilEl'J 11 FIB Directors of Corporation Jake Up Plans for Mak- ing Advances . WASHINOTOX, Jan. 6. Plans for reviving; th war finance corporation. aa directed by congress in a resolution passed over President Wilson's veto, will be taken up by the corporation directors probably today. The meeting was called before the joint resolution was repassed. Weeks may elapse, treasury officials indicated today, before the corporation will be ready to begin making loans to finance farmers in exporting-products now bringing low prices In the United States. Approximately $r,0,000.000 .is the limit that now could be loaned to finance exports, it waa explained. This is because there now is $3.r.0,000.000 outstanding in loans for foreign trade. Th. I.w i-rnlin the corporation nn-vldes nn-vldes that no more than $1,000,000,000 can be outstanding at any given time in export loans. Before loans beyond this can be made, money muxt be obtained through the sale of bonds of the corporation. The corporation now has on hand approximately ap-proximately I4U0.U00.OUO. But this, it was explained, is a book credit on the treasury department, and would Involve the borrowing of money by the treasury before It could be paid. Such a course, treasury officials said, is not to be considered. |