Show I BELGIUM BELGIUM PLACES I I LOAN IN AMERICA I I NEW YORK YORE June 1 A. A. A new loan to Belgium the proceed to be used to liquidate liquidate liquidate date 50 acceptance credit maturing maturing maturing matur matur- ing in June was announced tonight by byJ byJ byJ J P P. Morgan Co and the Guaranty Trust Co of or New fork ork fiscal agents of the Belgian government In accordance with arrangements there will wilt b offered for subscription at and interest t on J June 3 a 50 issue fg of or 25 year 25 ear 70 71 TA S per cent e sinking 1 I fund j bonds bond dated June une 1 1 1920 to be payable In m gold at per cent of the principal on or before June 1 1945 the fiscal agents st stated By dihe the terms' terms of or the loan contract it I Iwas was st stated ted Belgium has agreed agreed to to 10 pay to sinking fund trustees here at least 2300 2 In United States gold coin on or before March 10 10 1921 and the tile same amount each ach year rear ear until 1945 These annual annual an- an nual rual payments are to be applied to the redemption by lot of or at least lof of the bond bonds at and accrued Interest The entire Issue is to be retired at per cent by maturity through the operation opera opera- I I tion of this sinking fund |