Mr. J. P, Morgan to-day. testified that, during a trip to England "in 1916, he had to Intervene personally with Lord Asquith, who was Prine Minister of Great Britain at the time, fu an attempt to smoothen out misunderstandings between the British Government and American companies ling munitions orders for Britain.
The American companies, stated, demanded payment guarantees, and he endeavoured to show the Prime minister that American banks ould not carry on as before if the transactions were not settled with the American munitions companies.
Text read from the printed page and cleaned; old type leaves the occasional error.