In Manhattan, in the library of his 36th street home (just east of Madison avenue), John P. Morgan removed a pipe from between his teeth. He placed the pipe in a receptacle, took up a pen. After he had signed his name to a contract calling for a loan of $150,000,000 to the Imperial Japanese Government, Mr. Morgan resumed his pipe.

Others who signed the contract were: Kengo Mori, H. Tsushima, R. Ichimomiya, Mortimer Schiff (of Kuhn, Loeb & Co.), Charles E. Mitchell (President of the National City Company), George F. Baker, Jr....

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