FOREIGN CREDIT PLAN
CONSIDERED BY AMERICAN BUSINESS MEN. (Rec. December 12, 5.5 p.m.) Ti r \-l N ? w , Y<, rk, December 10. Iho first hundred of America's biggest business men. and bankers held a conference at Chioago to consider the American Bankers' Association's billion dollar foreign.credit plan, and a committee was appointed to prepare organisation plans. It was stated that many millions had already been pledged by the Country Manufactures' Bank. Mr. Hoover, in a speech, said: "It is vital to every working man in the United States that Europe should recover her exchange."-Aus.-N.Z. Cable Assn. . TThe American Bankers' Association Convention proposed the organisation under its auspices of an international trading corporation. The plans provided tor financing foreign trade, m cooperation with the merchants, manufacturers, exporters, and producere.l
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Dominion, Volume 14, Issue 67, 13 December 1920, Page 5
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128FOREIGN CREDIT PLAN Dominion, Volume 14, Issue 67, 13 December 1920, Page 5
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