If credit can save the Northwest wheat belt, it will be saved. A fortnight ago the President called a conference of bankers and others at Washington to consider the financial difficulties of the Northwest (TIME, Feb. 18). The bankers proposed a $10,000,000 corporation to aid in refunding the farm debts of the threatened section. Last week the bankers reassembled in Chicago to announce subscriptions to the capital stock of the organization. The regional allotment for raising the capital was:
New York $5,000,000
Chicago 2,000,000
Minneapolis 1,000,000
Cleveland 700,000
Detroit 700,000
Pittsburgh 600,000
John...
To continue reading:
or
Log-In
