few York, Aug. 31.
It is anticipated in authoritative circles in Washington that when Secretary Mellon of the Treasury] returns from Europe the question will be thised of floating a loan in the United States for the purpose of retiring or converting the $70,- 000,000 worth of French eight per cent, bonds held in the United States, It is believed policy of opposition to French loans until agreement on the War debt is reached.will be relaxed in order to! allow Franco to effect a great saving in interest, 'The refunding proposal has enlivened the bond market, French Government seven and' a halts xgaching 1155, the highest at whioh they have over been sold.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.