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Harpers Ferry Free Press
Harpers Ferry, Jefferson County, West Virginia
What is this article about?
Mexican government secures a 20 million loan from London bankers Barclay, Herring & Co. at 70% of face value plus 10% premium; half of customs revenues pledged for repayment, with lender agents overseeing ports to prevent mismanagement.
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Daily Advertiser have received Vera
Cruz papers to Sept. 22d, from which it
appears the government has contracted
the loan of 20 millions, with Barclay,
Herring, & Co. of London, at 70 for 100,
and 10 per cent. premium for guarantee.
One half of the customs are pledged for
payment of the interest and principal, and
the agents or representatives of the lenders
are authorised to watch over the ports
to prevent any injury to themselves from
any misconduct in the officers of the
government.
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
Mexico
Event Date
Sept. 22d
Key Persons
Outcome
loan of 20 millions at 70 for 100, 10 per cent. premium for guarantee; one half of the customs pledged for payment of interest and principal; agents authorised to watch over ports.
Event Details
The Mexican government has contracted a loan of 20 millions with Barclay, Herring, & Co. of London, at 70 for 100, and 10 per cent. premium for guarantee. One half of the customs are pledged for payment of the interest and principal, and the agents or representatives of the lenders are authorised to watch over the ports to prevent any injury to themselves from any misconduct in the officers of the government.