The Archive · 1932

Lending Under League Aegis

London, June 14.

Considerable significance is at-wed to the Bank of England com-tree which is making an inguiry

to various countries by the League connection "with long. grated of "Nations. "The Committee has received the sanction of the Government.

Banking authorities still believe that the League of Nations is the best instrument for working out the economic and. finance Burope and, therefore, they regard vital to uphold the prestige of the League and conserve the. inferests of investors in loans made that organisation, rhe appointment of the Bank of England committee may be described recognition of the moral, though of legal, responsi of the Teague towards the investors in the Toans. it. makes.

The members of the committee ince "Siz Austen 'Chamberlain, leount " formerly Governor of Yormetly Foreign Secretary; Vis Sfadras; Sir Otto Niemeyer, the famous financial "doctor;" and Sir 'Arthur Salter, formerly director of the economic' and finance section of the League of Nations—Reuter.

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

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