Although European bankers had promised to provide all the money for the $50,000,000 international Hungarian loan, keen satisfaction was displayed in Hungary when a reallotment of the loan to the extent of $10,000,000 was made to a group of U. S. bankers. Said Premier Count Stephen Bethlen: "We had already obtained from the principal banks of Europe guarantees for the whole of the $50,000,000 required. Our appreciation of the present American action is therefore relatively disinterested and all the more sincere." Describing the policy of his Government as one of peace and...
To continue reading:
or
Log-In