Sofia, Dec. 13.
A banking agreement has been! concluded between the Blair Company of New York and Lazard Brothers of London for the form: tion of a mortgage bank in Bulgaria with a capital of 10,000,000 Swiss franes, the Bulgarian Government and Bulgarian banks to participate ju the scheme—Renter. appears to be that the proposals} need not be regarded seriously.
A navy spokesman, discussing the matter, said that Japan might feel concern if such a programme was passed by Congress and put into operation, but he considered it} doubtful that it ever would be car-vied outs. consequently, there was no question at the present time of] Japan's own programme being] affected—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.