OCR Text |
Show DEMAND PAYMENT OF lM ALLfED LOANS TO RUSSIA. I LONDON One of the .most dltfj-.. H I cult tasks confronting the allied eco- ; nomic council at Copenhagen endeav- " ll ; orlng to negotiate arrangements ror jl i reopening trade with Russia is getting-1 jH ! some workable promlso out of the (H soviet government regarding repay-- IH I ment of allied loans. These loans are tH I of two klnas: First, money advanced tH I by the allied governments to help Rug- tH sia finance the war; second, credits ' f'l I extended by allied business firms 10 ' il 1 Russian firms, which have lapsed. As.n H I to the government loans, amounting, , to about ten billion dollars, moat of ,H which was advanced by England ana' Jl France, It is not expected that the JH ' sovlets can make any kind of payment, 'H ' even interest, for years, and littla , ! more than the acknowledgment of H the validity of those loans Is- looVed iH for now. But allied busslness nlmt H want their old Russian debts cleared up before they do any more business with Russia. |