Evening Republican, Volume 19, Number 225, Rensselaer, Jasper County, 22 September 1915 — HILL WOULD LEND EUROPE OUR CROPS [ARTICLE]

HILL WOULD LEND EUROPE OUR CROPS

Famous Financier Says America Can Afford to Let Allie Have Wheat and Cotton and Only That. St. Paul, Minn., Sept. 21.—Here are James J. Hill’s opinions of the attitude this nation should assume toward the proposed loan to the allies, carefully worked out as he was speeding westward from New York, upon the train which took him homeward to St. Paul after his participation in the great conference between the representatives of the allies and a group of paramount American financial magnates. He believes that we should ma..e no loan to them in money. He believes that we should loan them what they need of wheat and cotton, thus saving ourselves from the worst of the great war’s reactions on us.

Mr. Hill said: “If we loaned Europe actual money we shoul dbe prolonging the war, to our own ultimate loss and to the consummation of further ruin there r and we should not be taking advantage of the one opportunity which exists, in this year of generally large crops, to get good prices for our product. Europe 4rould be able to use the money loaned to her by us for the purchase of Indian, Canadian, Australian, Russian wheat. Ours would go begging for a market but would find none. We would be giving Europe much and taking as our pay disaster.