Foreign News: Leguia vs. Guaranty

President Augusto B. Leguia, hav-ing failed to attract American capital into his country overnight, has reverted to the last resort of the disappointed politician — muckraking. He accuses the Guaranty Trust Co., of Manhattan, of throttling Peruvian loans in the U. S.

He charges that the Guaranty Trust warned a "big New Orleans corporation" against undertaking extensive developments of the port of Callao. Washington officials report that a concession for these works had previously been granted to a French concern.

Unless the Peruvian Government or the Guaranty Trust Co. cares to issue further statements,...

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