Salt Lake Telegram | 1919-10-23 | Page 15 | Struggling Nation May Get Aid under Plan

STRUGGLING NATION I IMAY MAY GET AID UNDER PLAN Secretary Redfield Urges Purchase of Foreign Securities ATLANTIC CITY N. N J. J Oct 23 Formation in this country of or a a. credit organization to purchase securities of 01 struggling foreign nations was urged at the International trade conference e I today by Secretary Redfield The or organization organization organization or- or which would be supervised by the federal reserve board would be capitalized between at and and would Issue bonds of ot small denominations and Issue low I Interest to be sold here The secretary said that several billion billion billion bil bil- lion dollars would be needed by struggling struggling gling sling nations in the next few years to place themselves on a firm footing I hope and believe he added that we shall open our doors much more freely than we do now to receive goods from abroad We Ve cannot sell If we do o not buy