Jasper County Democrat, Volume 20, Number 9, Rensselaer, Jasper County, 28 April 1917 — BRITISH LOAN SPENT HERE [ARTICLE]

BRITISH LOAN SPENT HERE

$200,000,000 Goes for Food and Munitions in America. Washington, D. C-, April 26. — Two hundred million dollars has been lent by the-United States to Great Britain to help finance the war, and it is likely most- of this will be spent in this country for foodstuffs, munitions s and supplies. A similar loan e may be made to Italy soon, and other sums will be credited to Grea,t Britain or her allies periodically in the near future, as parts of the big loan authorized by the $7,000,000,000 war finance measure. ; The first $200,000,000 loan is available front proceeds of the issue of $250,000,000 treasury certificates due June 30, proceeds from which were called for yesterday by Secretary McAdoo.