Evening Republican, Volume 19, Number 234, Rensselaer, Jasper County, 2 October 1915 — Supports Oar Views About Making Loan to Allies. [ARTICLE]

Supports Oar Views About Making Loan to Allies.

The Crown Point Register expresses the vieWg of The Republican in re* spect to the big loan to the allies. We can not see any permanent advantage to the United States in making a loan to keep up the war. The chief beneficiary of the plan will doubtless be J. Pierpont Morgan, who will get a monster commission and whose activities on behalf of the allies are pernicious. The Register says: ‘'Some months ago foreign countries applied for a war loan in this country. The administration at that time let it be known that such a loan would be regarded as an unneutral act, and it was not made. Now the same powers have applied to American bankers f&r a much greater loan, but are calling it by another name. The big financiers, who have no sons to go to war, are pressing smaller bankers to subscribe to the loan, holding out the questionable expedient, that it will serve to furnish a market for the products of the farmers and manufacturers of this glorious and peaceful land of ours that will serve to keep employed the people and m4ney of this country, etc. They say these powers have plenty of gold to bring us for our products but that it would be much better to loan them the money to check against These wise and humane benefactors are so loyal to the people of America that they would make'the loan of $1,000,000,000 on security of uncertain value rather than have those powers ship us the actual gold for our products which they are forced to buy, whether the loan is made or not”