The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1915-09-15

pro-German banking houses OF New
York, there was voiced this opinion:
There is no doubt in my mind that
many banking houses with Teutonic
affiliations might be Induced to take
part In this undertaking FLOATING the
tcredit loan) IL asked. not because II
would be helpful 10 the allies. but be-
cause II Is essential TO the mainten-
ance of the commerce and industries
OF the United States"
Feel Sighted.
Some proGerman bankers feel keen
ly the failure of their firms to receive
invitations to meet the members of
the commission. These bankers point
out that they are primarily Americans.
Notwithstanding what they sympathies
are in the European conflict: that their
interests and the welfare of the United
States are Identical. and that II they
have TO choose between a continuance
OF American prosperity and hard
times. they choose prosperity. no mat
ter TO whom they will have to lend
omney.
Our sympathies and our hopes are
with Germany in her struggle"
spokesman for this group said. but,
our pocketbooks speak loudly for the
United States"
Not at all in keeping with this
cheering word was the intelligence re-
ceived by the commission as to the &C
tivities OF certain other German SYM
pathizers. chiefly in the Middle West
In the gossip. pro-German bankers
OF Chicago. Cincinnati. ST. Louis. Mil
waukee and other Middle Western
States would bitterly oppose any &C
ton looking TO the financing OF the
loan by American banks These bank
ers. according TO report. were pre-
pared, not only TO resent the sugges-
ton that they might be permitted to
participate. but would take active steps
to combat the tendency OF other banks
to lend the money.
Take Extreme Measures
No one would permit his name to be
linked with the report that pro-Ger-
man sympathizers were prepared to
take extreme measures TO oppose the
Notation OF the Franco-British loan;
but Wall street hears that the Ger
man sympathizers OF the Middle West
were contemplating a counter move
ment. The iotation Of a half billion
dollar loan here for Germany with
the sole purpose OF Withdrawing this
vast sum from the money markets OF
America and making IL unavailable for
the allies.
This was not the only retaliatory
measure expressed by Wall street rIi-
NOR. IL was said that the more parti-
san workers we're prepared to advo-
cate that the pro-German depositors
show their displeasure with any banks
participating in the proposed credit
loan 10 France and Great Britain by
seeking other repositories for their |
funds
IL was the opinion OF some OF the
pro-German bankers that the Anglo
French commission has made a grave |
mistake In placing its requirements so |
high as a billion dollars. Such a drain
on the resources OF the banks and
other financial institutions OF the couu.
try, they assert. would not only be IN
necessary. buet would constitute a |
menace TO the monied interests OF the
country.
Declined 20 TAX.
These pro-German bankers declined /
70 discuss the attitude Of the average
German-American depositor toward /
any Institution participating In the pro
posed loan. but they pointed out that
German sympathizers constitute n veryl
considerable part Of the bank patron |
axe in some Of the larger cities oil
the country. and that not n few arc
TO be found among the officials OIL
such institutions
10 was limited also that persons OF
Irish ancestry or birth figure impor