The Archive · 1931

Huge Credit for

SPAIN

Madrid, Mar, 26

A G,$60,000,000 credit for Spain bank 1s authorized to-night from a consortium of international

a decree signed by King Alte according to an official communique issued here, The communique reveals that} J, P. Morgan and Company of New York heads the international consortium which ts to credit at the disposal of Spain. place. the huge]

Proceeds from the credit, according to the decree signed by King Alfonso, will be used to regulate exchange in preparation for st T mance made public the arrangements for the credit as decreed by the King. United Press. the worst menace to peace since 1918. imbued with the Tt was declared to be) it shown. by Germany in 1913 whi the form! of its publication was likened to the spirit of the ex-Kaiser.

that' nothing' defi 3 happened.

Brand, ju reply, pointed out There had, he said, only" been protocols and conversation liminary to further but he declared that if he remained in office he was determined to see that Austria and Germany did not persevere in the intention to violate foreign engagements.—Reuter.

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

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