OCR Text |
Show SEEKS BILLION DOLLAR LOAN. Great Britain and France Will Spend This Vast Sum in United States if it Can be Obtained in This Country. New York. The present plan of the joint Anglo-French financial commis sion, it was reported Monday night, is to borrow $1,000,000,000 in the Unitec States ou straight British and Frencl: government bonds without any collat eral whatever. If this vast sum of money is ob tained, it was said, it is to be spenl to the last cent in the United States in payment for wheat, cotton, meal and other commodities shipments, in eluding munitions of war. It will therefore, in the opinion of financia authorities, be classified as a commer cial loan. |