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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

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19201213.2.29

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 14, Issue 67, 13 December 1920, Page 5

Word count
Tapeke kupu
128

FOREIGN CREDIT PLAN Dominion, Volume 14, Issue 67, 13 December 1920, Page 5

FOREIGN CREDIT PLAN Dominion, Volume 14, Issue 67, 13 December 1920, Page 5

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