Pine Bluff daily graphic., 1915-09-14
Pro- German Influences at Work to Defeat Plan
 for Credit.
COMMISSION HEAD
 TARGET OF ATTACK
Festus J. Wade and James J. Hill De. clare American Prosperity Will Be Affected Unless BilliOn.DOlIar
 Loan Arranged.
(By B. C. Forbes.)

l New York, Sept. 13.-Germanic srbterranean attacks have begun up on the proposed billion dollar loan to the allies.
 1 A vicious attack upon Lord Red ding, head of the Anglo-French com mission, has been sent to bankers in New York and other cities. "1t is too scurrilous to be read,'' said the head of one very important 'ank who had received copy. "1t Is worthy only of being ignored. Doubtless it emanates from the same sources which have sought to jeop- ardize American shipping, start fires and explosions in American factories and cause strikes in many American plants"
 The commissions are amazed to find the extent and the elaborateness of the Germanic machinations against their mission.
 They have already discovered ac- tivities of their enemies not only in New York, but throughout the Mid dle West, and to some extent also in the South.
 TONCIIul lulIUeuceS Hl NOFks l. Efforts have been exertsd, it is said, to induce pro-German bank di- rectors to give notice that they will resign if any support is given the loan, while business men and con- cerns of Teutonic sympathies have also been brought into line in op- posing the proposed financing. The withdrawal of many important ac counts, it is stated has been threat ened.
 The opposition to the forthcoming loan is must stronger than was the support given the $10,000,000 German loan floated here at the beginning of the year. The German notes were not snapped up and they have been sell ing on an Il per cant basis.
 Numbers of out of town banks, it is expected, will decide to boycott the loan. '. Particularly strong opposition has been encountered, it is stated, in Chicago, Cleveland;. Milwaukee and other towns where there are German Americans. ':
 ,g, Wade Endorses Loans
 The general banking view, howev- CT, was summed up by Festus J. Wade of St. Louis, a banker of wide influence, whose testimony was one of the features of the Pujo money power" hearings:
 q am not greedy for the loan, but as simple business proposition, we will have to support it. For our crops and merchandise have got to find market
 This also was the view expressed and expressed with characteristic vigor-by James J. Hill, who came here on Mir. Morgan's invitation. and had private conference with the commissioners this afternoon.
 Hill Sees Need for Loan.
 "The successful arranging of a loan," said Mir. Hill in statement for publication, "is of far more lm- portance to the United States than to England; it is not too much to say that on this the prosperity or the American farmer depends. "It must be a national loan," MT. Hill declared "It must appeal to bankers all over the country" "A loan covering only munitions would be unpopular in the West, but one covering also the 'countrys eA. portable food crops and provisions. would receive the 'heartiest support of bankers in even the smallest Vest ern towns.
 "The job of feeding the world must be backed by the credit of the world" ;" said Mir. Hill.
 There will be 400 millions bushels of wheat more than needed, the em- pire builder figures, and unless it IS made feasible for Britain to buy gram
 here. I fear the American farmer l will be left in the lurch