In the name of the governors of Europe's great central banks of issue, invitations were despatched last week to certain "persons versed in banking and the issuance of bonds."

The "persons" will represent the U. S., Britain, France, Belgium, Germany, Italy and Japan. They expect to meet within a fortnight to grapple with the job of drafting a charter for Europe's new International Bank of (reparations) Settlements. Though not the largest bank in the world, the I. B. S. will have the world's broadest scope....

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