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Show umm fear EXCHANGE RATE I New York, Aug. IS. Two questions had loomed largo in the discussion as H to the practicability of American bankers attempting to underwrite a loan to Great Britain or her allies, or both, of from $300,000,000 to $500,000,- H 000. The questions were: Wovld the Washington adminlstra- tion regard the underwriting of a mammoth loan of this sort as against the spirit of American neutrality? : Could a loan of these huge propor- tions he placed In this country, if underwritten, on terms that Great Britain could afford to grant? H Mutters have reached a stage, in the belief of financiers, where there H must be little further delay in pro- H viding tho way to pay these bills. H Failure to do so, it is believed, will fl not only further depress foreign ex- change to levels which bankers dls- H like even to contemplate, but may re- H suit in a condition where heavy cur- i tailment of American shipments abroad will follow. Reports current in Wall street to- H day cabled from London over night that Great Britain and her allies were H said to be contemplating shipments H of $250,000,000 gold to the United H States were received with skepticism. H oo H |