Omaha daily bee., 1922-01-25
ii'lally Countries
Are Appealing TO
America for Loans
Next Twelve Months May See
5000, 0O0.O 900 Advanced
.isly Asks s75,00O,O 900;
pcriss, 100000.
BY HOLLAND

Shout the foreign nations now
boxing 10 the United States for
financial assistance be successful 10
their approaches TO this market they
VIII obtain in the aggregate within
the next u months S2nO.OOO.Op1. No
Que questions the ability OF AmeFi-
IAN bankers 70 absorb foreign sseur.
ties provided Investigation shows
that the credit which Is 10 them
jus,ifies fiction Of lhs, kind. Italy aud
Cuba may receive $4,000 900. South
America perhaps Sl2s000000. even
Persia wFnis 81 10000 Nicaragua
hopes 10 market her bonds OF The
aggregate value OF S5.000,00O. When
this was Jailed TO the attention Of
one OF thu veterans Of the financial
district he said. with a quissieal
smile. thll IN his possession now arc
bonds and stocks aagregaiing $1,000.
UDO which Nicaragua IS welcome 10
u that fepublie will accept them as
freely offered gift.
20 eonst yet a canal srross Nirsrssu4.
that y now lsf, of that proposition
ersl .ooo. oos IN bands ana .toeks and
Nh ,oss,s., WIZ a ,ss ,a,, nils &c
snis lumber AMI drsdre-. Slearas
n leone to thir railway ur what i
w. is saa e n s DE- ,.., I I,
and reptile infsstds swanps on
qua 70 that 10 might make sur.
T. feafy vent afterwards 10 die
~ point IN tho Arctic. Hts re-
misht ha Of Interest should
g is,nS son 70 time ~ the future renew
III ~ Mexico 10 the Pacific.
Investors We're sanxulne.
lsulne Investors In the securities r..
by the Nicaragua Canal company put
osimately St.noo.Qoo into the securi-
contemplating securing. ultimately.
re- than .ioa 600, 00u. nut when ID
learned that France had offered an
ZION on her Panama canal properties
~ Ve.ooo'OYV, then tho collapse OF the
|'leafasn1n canal plan began.
" course this remlni.ceneo was re-
Tered TO whmsleally, since all that 10
loit OF the Nicaragua canal Is bonds.
sysil Nicaragua Ms much as a dollar at
TINS time, The republic ID seeking "A
loan In the United States FOR the purpose
81 carrying on internal improvements and
United states. Tho wonderful riches n
Ibis republic. now only partially a..
.eloped, arc deemed by bankers perfect
,so dnd FOR loan mueh larger than
These approaches to tho American
bankers for loans coming as they do
from many parts OF the world again
emphasize and illustrate the attitude Of
inc rest OF the world towards the United
states SO far as financial aid is con-
cerned.
Penrose stored Cash.
The report which has come from wash
81 the me strons ssx Uf neaTs
late Senator Penrose kept In n safe de-
posit institution IN Washington has re-
those who have recollection OF
Senator Penrosc stored away or boarded
money or securities in large amounts aud
these were not discovered or even sus-
peeted until after the death OF the rich |
" some OF his riches. The late Wilson |
:. Hunt, able as banker. financicr anil |
,,tilroad authority. deposited In 1877 |
100000 In gold which he had caused to
be put In canvas bags. storing It In the |
deepest vaults OF one OF tho oldest OF |
New Yorks banks. Not at any time |
sven look at II. After his e DEATH the he
sxecutors OF his estate discovered it AMI |
llso speedily learned that they must /
tandle these riches with great care be-
tags THAI the fiber of the bags had be-
ome Weak, occasionally bursting open.
e,ereFy allowing some of the gold to roll |
yuut;E This gold was idle for many years.
Y probably would have earned, If Invested |
WITH Mr.. Hunts customary care, at |
east $4,000 No one ever knew author |
iatirely why he made this mser-like de- |
,ostt for he was not miserly but his |
Executors suspected that he had become |
omewhat alarmed over the effect of
hlver legislation and therefore was |
inaious to protect himself.
Carried Money in Pocket.
One of the ablest lawyers OF New York |
arred his money in his pocket or i'll n |
.esk drawer, Sometimes as much as
10000 in cash was in his possession
his bills In cash and at his death good |
many thousand dollars were found by |
mis- executors. A stockholder in the |
New York Central Railroad company re- !
thecks, After his death these were
'ound in the drawer of desk. some of |
hem being many years old and the as-
tregate was many thousand dollars. The |
iNecutors cashed these long socreted |
,hecks.
1t was sometimes said of the late
Charles Levi Woodbury. of Boston. who
was the son of the distinguished secre- |
larry of the treasury during Van Burens |
administration that he deposited in n |
Received in payment for his professional |
services. When the payment of bill |
was due he would summon the creditor |
md then pay him In cash. having with
it into cash, What Senator Pen
roses motive was in boarding $3.50. 900 i'll
lash not even his intimate friends can
guess. He was not miser in the or
binary meaning of the term. The in
rome which he could have received upon
estimated. have been each year consider
IDLY in access of his annual salary as