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Show JAPAN NO LONGER HAS TROUBLE IN BORROWING MONEY SAX FRANCISCO, April 22. Koreklyo Takahashl, the Japanese financier, who has Just completed bis mission of floating loans aggregating $115,000,000 In London and Paris to redeem the war bonds of Japan, arrived In San Francisco on his wdy home yesterday. ' Talking of his work In London and Parts last night, Takahashl said: "The loans floated abroad are now mostly held by London hankers, the stringency strin-gency of money In Parts being chiefly responsible re-sponsible for this fart. Jspan will pay 5 per cent for this money, which will be iied in redeeming the 6 ner cent bonds issued during the war. No difticulty is now encountered by Japan in raising money. Her credit has been unquestioned sinci her achievements i ' the war, and foreign capital is rfnily pouring into her in Increased nr:iouiit. "The I'nited States bought about $60.-oon.nuu $60.-oon.nuu of the war bonds, but has contributed con-tributed little or no capital for Investment Invest-ment in Japan since. The reason for this Is pntent. Men with money in the United Unit-ed States can get bigger returns for It here, than anywhere else, and they don't have to go abroad to seek Investments. Japan will probably attract very little American capital while the present reign of prosperity continues In the United States. Just now she Is getting most of tier foreign capital from England and Fiance." . |