The Barre daily times. (Barre, Vt.) 1897-1959, 1915-10-18
ENGLAND MUST WIN
SAYS LORD READING
Three Members of Anglo-French Loan
Commission Sail for Home on
St. Louis.

New York, Oct. lS.-Lord Reading,
chairman of the Anglo French commits
sion, and two of his associates, Sir Hem
Try b. Smith and Sir Edward Holden,
sailed for Liverpool from New York
Saturday on the American liner St.
Louis. Although the contracts for the
50O,00O0OO loan to be foated in this
country were signed Friday, virtually
Icompleting the work of the commission,
Basil b. Blacket, secretary of the COM
mission, and the French members, Ernest
Mallett and Octave Homburg, will re-
main in this country to attend to any
necessary details in connection with the
actual placing of the loan.
| In carefully chosen phrases, Lord
Reading asserted that the British ma
ton would accept no other ending of the
present struggle in Europe than VIC
tory.
Whatever happens" he said, moth
ing can change the attitude of Great
Britain and her allies in this war. For
them there can be only one end Until
that end is reached and we have a de-
cisiye victory there can be no end to
the struggle for us. The people of Great
Britain are prepared to make any sacri-
flee to attain that end. Nothing that
can be done will be omitted"
Lord Readings statement was made
on the deck of the liner st. Louis, few
moments before she cast off from her
dock. To interviewers who crowded
around him, he had previously given
message of thanks TO the American pub
lie, 10 be issued through the press.
"As l leave the United States he |
said, Il am full of gratitude to all with |
whom ! have been in contact. Every |
where their expressions of sympathy |
have been with our nation in her strug-
gle.'
Lord Reading and his companions were
not on the ships passenger list. AL
though tentative reservations had been
made for them under other names, it
was not known definitely till Friday
night that they would sail on the st.
Louis. They had preferred TO depart
by a British vessel, il was said. but as
there is no British vessel sailing for
10 days and as they were DESTROYS of
home again as speedily as pos
sible, they decided TO sail on the Ameri-
can liner yesterday.
In discussing the terms Of the $780,
100000 loan, Lord Reading said that
while the American bankers had fully
protected their own interests in the mat
ter OF the interest rate and other details,
be was certain that the terms had not
been made unduly onerous to the bor-
rowers.
The ST. Louis is due TO reach Liver
pool the Gath at noon. Officials of the
line said they did not know whether
he would be conveyed through the war
zone.
The first payment on the Anglo French ,
,onds Friday by managers Of the syndi- ,
ate underwriting the issue and other .
actors swelled the bank clearing Of the
lew York clearing house to the unpre- !
cdented total Of more than Ssl3, 100000. ,
This means that this great sum, repre- /,
ented by checks, passed through The !
hearing house in "a hours The pre-
,ious record made November 3. 1909,
vas Sf36.OO0000. In addition 90 the /,
,aymsnts made on the Anglo French /,
'ond issue. the total was augmented by
ther heavy payments usually made IN :
he financial section on October IS .