Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-08-30
SWEDEN WANTS COIN
King Oscars Cabinet Asks For a
Loan Of s10,000,OOO in
America.
The United States Rapidly Becom.
ing the Credit Nation Of
the World.
Plans of the European Powers in
Securing Loans in This
Country.

Iernment is now offering in the financial
lnarts OF this country slo,OOO,000 worth |
of government bonds. With view of
procuring money With which to build
railroads and other remunerative prop
critics under the control Of the govern
Ement
s@estcn is the fourth foreign govern
sment 10 appeal to this country for a
loan inside OF ono and oue-half Years.
While tbs amount sought s compara
lively small, it furnishes another stlawi
which shows thatth financial wind is
blowing toward the new Morld. On
lsiltasilsg OF tlls matter yesterday one Of
IGhicagos, most experienced and conser-
i.vat.va bankers said: ..ti'he United states
!. has become the credit nation of the
WORLD. She is not supplanlng England.
4 She has already done 90.
! The facts are the more Significant be-
Gauss lit appears tfla, the loan was of
4 fered TO England and France and that
IL .llsy We're unable to place it, The bonds
i haze therefore been Sent this country,
and the matter is being engineered by
4 the National Park Bank of New York
city That institution has already sent
iout eircniars' 10 its correspondents Civ
Ling tbs dstails concerning tbs. loan and
the bond issue. AT least TWO banks in
4 this city haze been offered a portion OF
4 the bonds, and 1t is rot unlikely that
/ they Wsil bs accepted.
4 li@letpfore England has been Swe-
Il slsn spublie banker, and sweden hasnot
tiaft any difficulty ,9 getting what she
wanted. in the Old country. The bonds
800 = l9H seeilits - tleat bear per
~ aud as, bein offered al IS. They
mi. gold bearing, ai.G Without date of
PIG cert and for The next ten years. 81
gae9 es.l5
t5at It vii az optional With the
sS}ssi.sh s3yernsnant whether ii pays
i!ss ~ 8r Iiakea arra:lge ii ei9ts' for a fur
'let extas!eG In financial circles.
sse lisa nr7lelt bo,adssare CHASED
ianeilg tsla lt:irabie and safe invest
ialelta, he security beng unques STONED.
81 ne tefnls' otfered here are piaet!taily
same nlade IN England, as I-loyd's
Sank tflere was authorized 10 receive
p eai!9nsi for tie l,9lIas !, AT rs per cent,
9sya3le a., follows. Five per cent ON
4 aps2 nation, 10 psf cent on allotment
le4si l,sr celtt an Ang. 10. Nodiseount
NJ allowed for payment in full on al
iotlnehf.
TIC bonds are made payable to bearer
siie arc furnished Win coupons for ten
ss!eals and a:sa q taloH5 on PRESENTATION
which llsW coupan SHEETS viii be is
si@ssi eFs5e Of exYas!s,: M fii.sf eo,,,,s,,,
i:,loaaal3ls 81 I'Hb. 81 1891
oils@ns iap. He, wars, t.sr 4 Ia. ,I:1
ls1i f- e,l7 itifl,1 'rj1s ,i.i.ll.it,i
d and interest," IL tiie 541tl Il. fr31ls ,,s,v9l ,Ia
81 LQre0,l III sterling al i.fs{sai bank.
4 81 Kroner III s;toekaa!.4l al ti34. nati6
ls,3shf tlice AT >eTli,f Hamburg ana
i tstfis, al sueh offices as, may be des,ig-
llat.d la :itt su9reney 81 til. e9iifiti.y.
land II -inss,tFst,asn al tlle rate 81 IN
81 ehanee Sd London
The bend i, al "a. 10 be listed aon tho Ions
9'3ll stock yeAaae@ ard n5w they are
offered in :fia country fs.al acencIss
NIL iapDtltssa 1e established in Chicago
, ard Nea E@tl.
li1e inst fo1 ign BOMBS 50 eenle Ia
E-th5s aeaf8trs We're .|f31 400 Qf tte city
slol!tresi they bear 2 g i3er cert in
" tfsssi a.fls; .sise taken u. tlle Illinois
Ii.Ist and StNbnEs Bank and the First
National lsatni> about ghieen r4iontts
i,'"o. Last January tile MEXICAN g0yeru-
ttnent anne q This country for a $3S5 :
! epetee9 9al9 aud II was all taivsn by a
4 fsyf#etlea le tisss bpatis running f2i thirty
= III ~ ~ 4 u ~ transaction came
ms appeal ct Russia last MAY when
sl1.e93 elo Ell hssi. q pet,Ecent bonds Mere
psaeeSs ~ t9is country Finally I'm
gsand herself t,irnea - the United
, States and placed here more than half
q bond issue q $50 o0o0t
Such transactions as these furnish
: evidence - The mind Of ne tinancier
lIie tact ttlat The United States is now
he credit fflti9il 81 tue world, and has
slnptanted tnglan as International
p9i1a lllarkst. it WAS not many years
2st,slh nat the iiifed states government
@sls compelled 20 feat its bonds in
ieoidaa aTd II was not until the Nene-
3 zie}an affair that this sovernni nj
. learned tfat u could take care of its;
asii4sl9ans. The n sui Of that einergen-
eJ Was the floating Of $le1oQa00o of
q 1Nsrnn1ent bonds in this country ard
Z ttlss We're Tires tunes oNsi-subscrbad.
]. Tue ne II step IN the development Was
the aeini1fipn Qf our 3 il.#and Is into Is.
i al taken q I home.
: he resnlthas been that from hav-
s ing a debit foreign balance NC have
ROW rsin up y Foreign credit balance