London, Apr. 27.
As a result of the German presidential "election, the seven per jeent. German Loan opened "in London to-day at 98 and fell to 974 bout two points lower than on Prk Mr. Lloyd George, interviewed, said. that the election of Marshal von Hindenburg to. the Presidency of the Reich was inevitable after the Ruhr and Cologne pin-prick policy. He did not think that the Marshal's election would have a profound effect on" the German policy.
Well informed circles. in London are reserving their opinions on the result of the German election but they are apparently confident. that fig does not mean a change in the German foreign poly.
The tone of certain French newspapers, however, suggests that. the lection of Marshal von Hindenburg may not render easier future cone versations between Germany and the French and other Governments—Reuter-
Text read from the printed page and cleaned; old type leaves the occasional error.