Paris, Dec. 27.
The Finance Ministry issued a communique today revealing that he French Government had con-eluded a 175,000,000-gulden loan from Holland and Switzerland. This loan, redeemable in thirty years carrying an interest rate ai oer cent. per annum, was floated at 35 per cent. of its nominal value.
Of the total, 100,000,000 guldens were floated in Holland by Men-Jelssohn & Ca., bank of Amsterdam. and by the Nederlandsche Handel Maatschappij. The remaining 75,000.- 300 guldens were floated in Switzer-and by the Credit Suisse and by the Societe de Banques Suisses.
The loan is destined to cover the conversion of various French railway loans floated abroad and with an interest rate of over four per ut, in some cases even as high as per cent In a radio broadcast this evening the Finance Minister, M. Pav Reynaud declared, "Never before. "vi in times of prosperity, has the Treasury or any public community proceeded with such important ce version abroad under such favour able conditions."
MI Reynaud proceeded to out the other results of his fina policy in the repatri ported capital which is still going on; the rise in all French securities the conversion of short-term loan: which permit the saving of Frs. 630.- 700,609 annually. He pointed cut that the present conversion: of Frs. 3,500,000,000 worth of se allow a new saving of Frs. 00
In conclusion, he appealed to the nation to take pert in a great eft of rehabilitation—"It ig only through the ce-operation of all that th:
entry will be saved."—Havas.
Lord Abbot of Buckfast London, Dec. 26, Dom Ansczr Vonier, Lord Abbot of Buckfast, whose name will always be associated with the remarkable enterprise by which the Abbey church was rebuilt on its old foundation at Buckfast, by the monks themselves, over a period of 30 years, died yesterday.
The Lord Abbot was 63 years old and was convalescent from an illness. He died in his sleep yesterday mo: engths.—Time, 31.85.
quo. FOTecust 313.00.
Place, ast *14.60; 2nd $13.90. Double Event 2/3 (6-2) Div. $246: 4—ov) ya. nat.—i, Silver Days; 2, F air Clara. osa iengths.—Time, 31.08.
Forecast (6-5) Div.
Text read from the printed page and cleaned; old type leaves the occasional error.