FOREIGN CREDIT.
AMERICAN BANKERS* SCHEME.
FOR RECOVERY OF EXCHANGE,
By T«l«gr»p!i,—Pmsj Aasn.—Copyrlgtit,
Received Dec. 12, 5.5 p.m.
New York, Dec. 10. The First Hundred of America's biggest business men and bankers held a at Chicago to consider the American Bankers'' Association's billiondollar 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 Manufacturers' Bank.
Mr. Hoover, in a speech, said: "It is vital to every working man in the United States that Europe should re: cover her exchange."—Aus and N.Z. Cable Assn.
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Taranaki Daily News, 13 December 1920, Page 5
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97FOREIGN CREDIT. Taranaki Daily News, 13 December 1920, Page 5
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