The Archive · 1923

Suggested American Loan to China

London, May 3.

The New York correspondent of the "Daily News' says that indications are appearing that the United States Government is trying to encourage American bankers to make a further loan to the Chinese Government. President Harding recently expressed the opinion that the Consortium could probably accomplish more military or diplomatic—_ methods the way of tranquiliz-; ing China. The correspondent believes that the Government would encourage enlarged activity of American banks in China, but the banks do not appear ta be enthusiastic over the prospect.—Reuter.

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

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