"ABSOLUTELY GOOD"
FRANCO-BRITISH CREDIT. IN 'AMERICA Australian-New Zealand. Cable Association. New York, October 30. Mr. Henry Davidson, Air. ,J. P. Morgan's partner, who' has returned from England, says:—"The future of the Allies is security enough for unsecured Government bonds. Britain and Franco are absolutely good without collateral, no matter how the war terminates." , i The newspapers interpret the statement as meaning that future loans will be issued without collateral. This is an unprecedented tribute to American confidence in the Allies' success.A BIG RUSSIAN WAR LOAN (Router's Telegram.) Petrograd, Novembor 1. Tho Tsar has authorised the issuo of a loan of £300,000,000 at 5£ per cent., repayable in ten years.
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Dominion, Volume 10, Issue 2918, 2 November 1916, Page 5
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109"ABSOLUTELY GOOD" Dominion, Volume 10, Issue 2918, 2 November 1916, Page 5
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