Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-04-08
NOT A PENNY OF PROFIT
EXPECTED OR DESIRED
Congress Will Be Asked to Ar
range Immediate Bond Issue
of 100000.
CHANCE FOR ALI To SUBSCRIBE
Quiet Sounding OF Sentiment Shows
That American People Are
Ready To Respond.
I,v Associated rrca--I


,v,c,,,,i,. fg ~ Asso',a'rn ' i-re's.i
'''' - Gum ~
'" 'eauerS IN conference TO-DAY &c
cided TO unlock at once the vast finan-
.cial resources or Tho I,r;,.d c,.,., IN
Tho .,r,o.
III" nara pressed entente govern
und.,or,,,', 'o'aH H''
ooo nno ,,.,,, '",' 80
country as snecdtIy =. ,.o,,r.., n
pass the necessary ,orisI,.io,,
Not "a nanny of nro,, !, Wa. ou
thori;ativnlv stated Sili hc oxpoc,od
or received bv this country on the loan
Tho loan viii be America. immediate
contribution to IN. allied ,,us. vim
the prornts. Of fu,ur. contributions Of
money and foods,ura 10 como ~
needed An immediate hond iss,,o
possibly totaliur 81 Ooo oon oon ia forc
cast by to-days action. yhc cxnc,
amour, ia vet 10 he determined Leg.
isia,ion providinr for III. issuo win
r bc introduced in CONGRESS- spc,aily
Within thirty days possihlv hcrorn
the end OF the presen. month a s,h
stautial portion Of tho grea, loan Is
expected to be available FOR the entente
governments
The forthcoming bond issuc I, w.4
authoritatiyclv said viii no ,,lac.d h.
fore the public as quickly a. possible
in denominations down 10 slOO pOssi-
bly, TO s2S Will bear "a reasonable in
,erest rate" and the entire army Of
American investors - banks, corpora
tons and individuals-win be afforded
an opportunity to subscribe
c.< M. E.uy .u.nuu,n
nv ,v,,u,r.S ,xx.,,SrnuS
rr.asyry ner,r,,.n, and rsd.r.,
p.s.rva Ro.rd oeic,,,. h.l,o,o ,h,,
$50 10000 900 bond issue can be alb
sorbed without difficulty hy American
investors. and IL is likely tha, this
viii he the first sum offered
Tho present pIan calls for the ex-
change OF American money dollar for
dollar. for foreign bonds a, mar
Bonds Of the cnt.nte governments
would be accented bvs,h. American
government as security for m. lnou
The interest rate ON m. foreir, bords
:, was said viii he ,he Same as on
hands 10 hc issued hv mis- roy.rrmcnt
I'm raising ,b,. hir Ioau
,rh,, sborIa 10 .r,, ,o., ., ,.a
,,li.s n. "a 0OO ooo 0noo s,,,,, ;,di
c.,.d hv an. omct., ,,r,,c;n,.; i
,he formation OF the nrorrau-thn
,-,;,od c,o,.s wouId l NC s,,,
,sil.bl. M, M nroc..d. ~ &C o,n
,d t.,,,. ,.,i,r ho,d ., 49, ,
,, -, q, nm ma m, ,r 80 nj,
,.ara,, -, hi.h a., -, :,
m.da The allied bonds wouIa no hold
T., ~. rreasury horo lr,oro., 80, ,ho,,,
,a 10 ,,i, -, ,,. ,,,,o,, ,
. ~ ,, -,
,, ~,
-, g., ,nt, ,,,,.,
WILL H'-nN - M VIZ iHS'E
"'r'i "'n ""N NEEps
Not all of the first big bond issue,
il was minated, would be loaned TO
the allies. sufficient reservation being
made To cover the naval and military
needs OF inns country which might not
be raisrn pS 'hNa.on. y '"hs'aerapie
proportion OF 'he S"'ooo,ooo'ooo alreadF
60 .oh,'7.h.,,t, d., - g.,
,,, ha r,i,.,,, ,, ;,,,.,.la.,
.,.,,>,, no ,,,,,,, ~ :, .on onn ono
,r, ha,,d is,,a u.;,, ~. 49,, d., ,,
,o-i.,,,ian -, ,ha ,,ar o., o,o
,,a,,i,n of co,,ros, ,,d.r ~.
oon, nroyram After lis nassoc.
ra.,r.ss uil, no ,eLod IN nro,ido od
,..,e, u,r r.r.r,o, ,hrn,,h ,.
,.a
rno Immediate n..d or tho oo,.,-,-
n,. ,n.l,in., common ,ars. ,y;th Tho
,nitnd s,.tas in tho var on C:erm.ry
it was pointed out, is money. This the