Evening Republican, Volume 20, Number 225, Rensselaer, Jasper County, 19 September 1916 — THAT MEXICAN LOAN. [ARTICLE]

THAT MEXICAN LOAN.

President Wilson’s efforts to induce New York bankers to make a loan of $150,000,000 to Carranza are not meeting with any large measure of success. The bankers point out that Carranza already has a bonded and floating indebtedness of $620,000,000, and that what is more t© the point, Carranza has shown himself to be thoroughly unprincipled and therefor unentitled to credit by any reputable concern. There is one method by which Mr. Wilson may possibly achieve his end. If he will concede Carranza’s right to an indemnity of. $15Q,000,000 because of invasion of Mexican territory by Pershings expedition and commit the United States to its payment, the bankers will certainly consider the feasibility of accepting the Mexican claim as collateral for a large loan, probably not $150,000,000, but a sum of approximately the amount and still leaving some margin to cover interest, cost of collection, etc. If the truth is ever known regarding the Mexican conference at New London, it will constitute another humiliating scandal for which this administration is responsble, but present indications are that the truth will remain known only to a very few. There was no scandal aboht the A-B-C conference at Niagara Falls, but the humiliating facts have never come out, and probably never will.