GERMANY

Hawera Star, Volume XLVIII, 28 July 1924, Page 5

GERMANY

PROPOSED LOAN. ' LEADING BANKER’S .'.VIEWS. CABLI—PRESS ABBOCJATION —COPYRIGHT NEW YORK, July 25. On the eye; of his departure on a vacation trip, to Europe, Mr J. P. Morgan'(head'of the banking firm of ,T. P. Morgan and Co.) officially stated that American bankers did not desire to make political/ suggestions, -much less atteiqp.t to enforce, political views in cphnectiom with the discussions for a German loan.. He said his trip was not concerned with the London Conferepee. He indicated that if a loan were arranged and fiisadvice as to its terms >yerfsought,. he-wpiild be glad to make . for the sale of bonds in this, country. ' ‘ ‘|t without saying, ’’ ;he said, ,/that; as bankers,/we? should not ask the Amefican investor to buy German bonds unless and . until the Allies in ,qwri time, for their own reasons hhye dqteripined upon the policy which Wiih in our; . opinion, secure" bondholders. ff this; simple and obvious fgot, is remembered,-1 >think it will be fhiind that most of the questions now ufldfr discussion will answer themselves;” , •'I 'r.r LONDON, July 26. ,:The jurists at the Allied Conference hay© completed their report regarding thq'terms ,of the. invitation of Germany to ? the c.ohference, v which .will consider the rehqrt on Monday and decide on the question"; of Germany.