The Archive · 1925

BRAZIL'S COFFEE LOANS

Refused by New York Banks Washington, Nov. 18.

The Secretary of Commerce, Br. Hoover, has issued a statement that loans to Brazil to support coffee price valorization have been refused by New York: bankers at the instance of the Administration,—Reuter's American Service.

Nor. 17

The Socialist Party by 38. votes to 12 to-day decided not to contest the Government's financial proposals at to-day's meeting of the Chamber Deputies.

This decision is important in view] of the opening in the Chamber today of the monientous financial debate, which' is expected: to last at] 'Jeast a month-and'in which herculean'

Text read from the printed page and cleaned; old type leaves the occasional error.

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