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Show BRITAIN ABOUT TO A AUSTRIA LONDQ XJan 26. An urgen appeal ap-peal from Austria to the allies, intimating inti-mating that disastrous consequences arc probable unless financial aid la given the country, is engaging the attention at-tention of the British government, and a decision favorable lo Austria possibly pos-sibly will be reached Thursday or Frl-i day, according 10 tho London Times. It Is understood, says he newspaper, that Austria needs Immediately s2,-600,000. s2,-600,000. the same sum she vainly tried to raise In Ixmdon before Christmas' on the security of Ihe (umoiut Gobe-I Un tapestries WAITING ON SENATE, Maintaining that Austria will be Unable to raise a foreign credit until the funding pill of Secretary or the Treasury Mellon has pas... 1 the United Slates senate, enabling the tinted States to forego Its l.en on Austrian! assets, and until other Interested POW-ers POW-ers have waived their liens, the Times remarks that Austria's Inability to offer of-fer security against a loan ta more apparent than real, because the present pres-ent Impasse almost certainly will end I win 111c- j,c.-ijje 01 Hie welio:i 1,111, j when AusUia will be able Immcdlao-ly Immcdlao-ly o repay he sum she needs so urg-enly urg-enly as a curry-over loan to prevent the further collapse of the crown The Times says it understands this argument has been vlRorously put before be-fore tho British government, because the only remedy may He ln a government govern-ment loan to Austria. The newspaper newspa-per urges the seriousness of Austria's need, saying tho disastrous consequences consequen-ces of a complete Austrian collapse would not merely affect Austria but would have serious effect on the surrounding sur-rounding countries. IMPORT Din .1 S PU Ik. I l With leference to the appeal, ihe Westminster Gazette, says tho British treasury has made a proposal . Iilch, if it Is upproved by the premier and the , ablnet, Will result in Great Britain Brit-ain loaning Austria 2,500.000 through the Anglo-Austrian bank. Austria's customs will be the security, and Ausria will bo prepared to give satisfactory guarantees that tho money mon-ey Will be ufled ln stabilizing exchange and financing trade and will welcome supervision of the work of reconstruction. reconstruc-tion. This nowspaper understands hat t!,c loan will bo purely British and not allied. It being feared thai Franco will not move quickly enougii to avert i in Impending craaii. |