Salt Lake Telegram | 1915-11-13 | Page 9 | Chamber of Deputies Approve French Loan

CHAMBER 0 OF DEPUTIES APPROVE fRENCH lOAN LOAM PARIS Nov 18 The The bill provid ing for a new French loan was passed b by the chamber of deputies yesterday after an explanation by Finance Minister Min Mitt ister Ribot who said the object was wa j to avoid increasing indefinitely th tha short term d debt The rate of interest is fixed at 5 per cent and the government gov gOY eminent renounces the right of payment pay pay- ment until after January 1 1931 1031 M. M Ribot declared the loan marked the determination of France to continue continue con con- the war with arms anns and money until victory is achieved He concluded concludEd con con- eluded with an appeal to business houses banks the press rich and poor alike for au all the aid they can give The bill was unanimously adopted