Japan's 150 Million Loan Ready for Market
Morgan & Co leading syndicate announces a 150 million dollar loan offering to be made this week. British banks expected to issue a similar loan in New York, timed to coincide with the empire anniversary.
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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 13, 1924
Page
2
Morgan & Co leading syndicate announces a 150 million dollar loan offering to be made this week. British banks expected to issue a similar loan in New York, timed to coincide with the empire anniversary.
fragmented OCR text notes a reaction in Washington to a Japanese loan move, with speculation on treasury actions and market responses. mentions finance officials, market sentiment, and foreign policy implications amid economic pressure. names and clear details are obscured by garbled text.
A federal conference today revealed details of a large liquor operation. Officials in Lashington faced questions as investigators described ties between Treasury and executive agencies. Evidence included coded notes and suspected bribe interactions amid a broader sting.
Labor ministers faced a robust question session in the house as Prime Minister Macdonald defended his cabinet’s plans and character. Opposition pressed details of labor affiliations and Russian ties while the premier pledged to respond. Speaker kept order as questions continued.
Prime Minister Macdonald outlines a new spirit guiding Britain after the Imperial Conference. He argues for an authoritative inquiry into the national debt and taxes, defends the labor government’s aims, and stresses restoring trade, housing, and employment while balancing foreign policy with Russia, France, and potential American involvement.
Rev William Montgomery Brown of Ohio announces charges filed by the Episcopal House of Bishops alleging theological heresy and calls for his deposition and excommunication. He vows to fight ouster on grounds of modern interpretation, insisting the church cannot sever his connection while others remain. The debate spans clergy, church polity, and religious progress.
Samuel Gompers responds to Wilbur Bates by denying that he supports Bolshevik influence in Mexico. He states he backs democratic constitutional government and condemns autocratic rule in Russia. He questions Bates’s shifting positions on De la Huerta and Bolshevik ties and calls for others to judge who is more competent.
Capt Herbert G Sparrow of the cruiser Tacoma perished after helping four radio operators and two other personnel in the radio room as the ship broke apart in a double storm at Vera Cruz. A naval inquiry at Charleston, S.C. reviews the wreck and rescue attempts.
Over centuries the golden mummy case of Tutankhamun is opened for the first time under electric light. Prof James Breasted and colleagues witness the moment as the lid is raised revealing the king’s gilded effigy and nim headdress. Carter and Callender carefully uncover the golden figure amid praise from the observers. The operation, lasting about an hour and a half, marks the final act of this year’s tomb work with no further investigations planned.
Paris reports a proposed mobilization bill aims to rally French citizens for total war. Debates in the chamber address budget measures, government policy, and a call for a veterans’ investigation into wartime material waste.
Mrs Clara Taylor testifies at House District hearings that landlords in Washington plan rent hikes from 60 to 325 percent above prewar levels. She argues conditions differ here as many tenants are federal workers earning about 1600 dollars yearly. Real estate agents allegedly hold properties in cold storage to create fake demand and push rents higher. Taylor cites a lease showing planned retroactive increases and asks tenants to pay for gifts to policemen. Hearings to be continued.
Jacksonville Feb 12 A P Substantial progress toward a wage agreement in the central competitive bituminous field was reported as a joint subcommittee adjourned for Abraham Lincoln’s birthday. Operators and miners named eight representatives each from Indiana Ohio and western Pennsylvania to press a three year renewal plan, with officials saying an agreement seemed likely and a formal settlement was being prepared to preserve the conference. Bandits steal jewelry from a store at Penn Avenue North, taking a watch and a ring valued at 26 and 60 respectively, as they fled into the street.
Bernard M Baruch spoke yesterday at the Army War College delivering his annual lecture. For two hours he discussed plans to draft men and mobilize money and industry to support the war effort, arguing that profits should be removed as an element of war.
Fire broke out yesterday at a police station corralled to a partition between an salt pit and a coal bin. Firemen worked to extinguish the blaze as a No 4 engine company battled the flames. Damage estimated at 325 dollars.
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