MONEY FOR GERMANY.
AMERICA TO GRANT LOANS. FOOD AND HAW MATERIAL By Telegraph.—Press Assn> Copyright. Received March 17, 8.30 p.m. Washington, March 17. A Bill haa beiui introduced in the House of Representatives, authorising the War Finance Corporation to advance loans to the extent of a billion dollars to Germany, not more than three hundred millions of which shall be advanced in any one year. The Bill provides that Germany may enter into contracts here for the purchase of foodstuffs and raw materials, and assure payment by guarantees to be approved by the Reparation Commission. The War Finance Corporation will control the amounts and kind of merchandise purchased. It is said the purpose of the measure is to anticipate a great depression in American export trade due to. the fall in the English and French rates of ex-change.—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 18 March 1920, Page 5
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140MONEY FOR GERMANY. Taranaki Daily News, 18 March 1920, Page 5
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