Show AMERICAN BANKS ARE THRIVING ABROAD Best Sites in P Paris ris Now Occupied by Yankee Institutions PARIS Au Aug 1 21 The l.-The The American me-ican dollar Is today the the- most powerful factor actor In the destinies of or Europe Now York financiers in the tho second year of or tho the peace wield a pow power r more tremendous than the oldEn old English En Ush money kings ever dreamed of street London and aDd the Bourse Paris have become be become become be- be come mere branches of the tho most moet gl gigantic trust trust the tho Dollar Trustor Trust Trust- of or which even cven the wildest financial financial financial finan finan- cial brains ever dreamed Th These sc arc are a few fow of the tho allegations allegations allega allega- made by English and French bankers who accustomed to their autocratic sway y of prewar days now chafe chaIe under an economic re restraint re- re I which becomes harder to bear day by day y and who assert that their eveT every move moc In buying I and anti selling Is dictated by the great i golden olden octopus which has its Us headquarters headquarters headquarters head head- I quarters In New York Before the war American banks I were comparatively unknown in Europe When they thoy existed the they did so 60 merely morel aa as branches branche of or the tho I parent concerns established a ay aM agencies for the banks bank's dealing abroad G Getting Choice Site Sites Today the tho Grande Grands Boulevards which may be termed the tho main street a of or Purls Parts teems with American Amer Amor scan lean banks They have havo the tho finest office orrIce bull buildings ln In Paris They are arc acquiring property and buildInG building building build build- ing on it rl right bt and left the left the best sites In the metropolis are gradually gradually gradually grad grad- falling CallinG into American hands Frenchmen say bitterly that the reason for Cor this Is fa that the high rato rate of or exchange e makes oven o the inflated value of ot Paris land a mere bagatelle to the bl big United States concerns The Guaranty Trust already owns a hu hugo o In the rue des Italians just off oct the Grands Grand e Boulevards The Guaranty's profits prof proC profits its as 3 government depository durl dur- dur l 1 Iff t- t g the tho sojourn of ot tho the A A. B F F F. tV will I probably never be known But the they arc ago darkly hinted at by the banks bank's French rivals The Morgan bank the bank the s I quietest but by far tar the most powerful pow erful erCul In Europe Europe Englishmen call it Tho The Bank Dank of America America foun found d Its quarters the Opera to too loo cramped long ago and led the tho way to the aristocratic Place Vendome I purchasing n magnificent palace almost opposite tho the Ritz hotel i Then came camo the Bankers Bankers' Trust and bought bough t the tho historic Bristol hotel whore where King Manuel of Portugal Por Per tU fugal al met Gaby Deslys and famed fame d II as the stopping place of oC King Edward Edward Ed Ed- ward VII The Equitable Loan Trust company already has hils what is III s probably probably probably I ably tho the finest office building 1 In n Paris It Is la at tho the rue dc do la Pal x and the place de dc Opera and built bull after the New York fashion of or marble-faced marble lobby and glide gilded d elevators elo The Equitable occupies tho the upper floo floors Lloyds Lloyd's Bank Dank o of or f London occupying the tho ground floor But Dut this splendid edifice IK is no not enough for the American bank They havo have now acquired the fa famous tn- tn moue Viol cafe cate de la Madeleine on the Boulevard do de la Madeleine Madelene haunt of ot dramatists and stage stag celebrities sine Immemorial and propose tearing It down an and d substituting In its place a new bank building of ot concrete to an and d steel a fashion of ot building practically practically practically unknown In Paris owls r g to the difficulty In obtaining steel An American and an s h bank are reported to be bidding wildly against each other for th the e possession of or the Varieties theatre I Ion on the tho Boulevard des close clog to the Opera one of or the finest sites sUes in Paris Purls Almost every day the French papers pa a per pegs comment on the tho fact that soon the tho world fumed cafe rate life lire of or ortho tho the Grands Crand Boulevards will wll be a u athing 1 j I thing only of or memory The Tho cafes cafe e will all havo have been replaced b by banks Slowly but hut surely th tho e boulevards are 10 suffering the metamorphosis metamorphosis meta meta- en that Broadway did 1 in n II the seventies I |