Jasper County Democrat, Volume 21, Number 98, Rensselaer, Jasper County, 8 March 1919 — WILL ADJUST RAIL FINANCES [ARTICLE]

WILL ADJUST RAIL FINANCES

Director General Way to Grant Loans to Lines. </ Washington, March 7. —Ways and means of financing railroads without i government appropriation were dismissed by Director General Hines and Eugene Meyer, Jr., managing director of the war finance corporation. They prepared to ascertati^to what extent the $337,000,000 available in the finance corporation’s fund might be used as loans to individual railroads, to be paid by the roads to the government on account of advances previously made to them.