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RESTORATION OF TRADE

FORMER ENEMY NATIONS AMERICAN LOANS UNDER DISCUSSION WASHINGTON. Rec. 9.30 p.m. Aug. 15. An Export and Import Bank official disclosed that a loan of 20,000,000 dollars to finance Japanese purchases of American cotton and thereby help to re-establish Japan’s cotton industry is under general discussion by financial officials, in Washington. A similar loan is pending for Germany. It was suggested that the Export and Import Bank would act as underwriter, and private investors would be invited to participate.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19470816.2.109

Bibliographic details

Otago Daily Times, Issue 26541, 16 August 1947, Page 7

Word Count
81

RESTORATION OF TRADE Otago Daily Times, Issue 26541, 16 August 1947, Page 7

RESTORATION OF TRADE Otago Daily Times, Issue 26541, 16 August 1947, Page 7