AMERICAN PREPARATIONS.
A HUGE LOAN
WASHINGTON, April 8. Ofii^r.,' estimates of the winter wheat crop put it at fifty million bushels below last year.
ilie Administration on Monday will ask Congress for authority to raise five billion dollars, of which three billion will be used to purchase Entente 3| per cent, war bonds, it is stated that the United States will not take the profits of this huge loan, and will offer the Entente the same interest as the bonds bear. This is America's immediate contribution to the Allied cause. The remaining two billions will be used for war purposes.
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Bibliographic details
Wanganui Chronicle, Volume LX, Issue 16949, 10 April 1917, Page 5
Word Count
100AMERICAN PREPARATIONS. Wanganui Chronicle, Volume LX, Issue 16949, 10 April 1917, Page 5
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