Show GOVERNMENT PLAN S fOR AIDING EUROPE FINANCE CORPORATION CORPORATIONS PLANS S FOUR HUGE LOANS V p EXPORTERS Loans Are Arranged to tid tr h Industry to Export Machinery for Rehabilitation of Stricken Sections Sections Sec of Europe Washington The The first move of th the i American government to aid finan finan- cluI ln the time reconstruction of Europe cu caine came ne on January 3 when the war finance corporation announced it had lud L practically consummated four loans loam aggregating to manufacturing manufacturing manufacturing turing exporters Two loans each of have been arranged to finance the exportation exportation tion of locomotives es and agricultural I mn machinery The Time locomotives es will go gc goto goto to Poland d and the agricultural machinery ma chinery to England Englund France and Belgium Bel- Bel gium glum A third loan Joan for negotiations for which were said to have e passed the final stage stae will go to to an ar I electrical machinery an and I will be used for the rehabilitation of 01 r stricken sections of Belgium ant and 1 France where all electrical machinery r was destroyed by the time Germans An advance of S also is In Included Included In- In eluded in Ia the time total of to t togo togo go to several banks which will furnish furnish furnish fur fur- nish funds for the tile exportation of ot machinery machinery machinery ma ma- chinery to reconstruct steel mills in France Flance Loans which the corporation is makIn making making mak mak- In ing are arranged under th the war financial J corporation act which 1 permits per per- 1 mits the loaning of not to exceed 1 in aiding American Industry Industry Indus Indus- try to export to Europe Heads of great grent business houses have been frequent visitors at the offices of the time corporation and officials have ha thus obtained information of value nIue asto as ns asto to the gen general ral needs both here and abroad It was pointed out that flint while the American manufacturer possibly possibly possibly pos pos- sibly could find markets for his product product pro pro- duct here he Ill would not be establishing establish establish- hIng h- h ing himself In ln the time world trade and such a it situation n business men have told officials would result In the relegation relegation relegation rele rele- gation of American products to 8 secondary sec eec Condur C- C Importance in Ia world traffic |