London, Jan. 23.
Presiding over the meeting of the London, City and Midland Bank, Sir E. H. Holden predicted that after the war British Banking Institutions would stand higher than ever in the world's estimation. He deprecated premature* conclusions from the fall of the German mark but showed the weakness of the German position jin detail. Our war loans were raised at an average of 3§ per cent. while Germany was compelled to pay over 5 per cent.
He urged the Government to oon template the possibility of a ong war necessitating future loans. It was essential that the investor should know at least the maximum
Text read from the printed page and cleaned; old type leaves the occasional error.
