Business: Foreign Financing

The flow of U. S. investment capital abroad during the past year has been unprecedented. It was last week announced that during the first six months of 1925 U. S. imports of foreign securities amounted to $551,591,000. Europe with $237,600,000 proved the principal borrower, while $151,081,000 went to Latin America and $131,910,000 to Canada. Rumors of new foreign loan proposals abound in Wall Street. The only serious obstacle to the continued import of foreign securities so far seen is the objection of the Coolidge Administration to the flotation of loans by countries...

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