p. 16 | Russia’s Profitable Loans

Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Mar 20, 1900

Russia’s Profitable Loans

New Russia “loaned” to Persia, a few weeks ago, six million dollars. She is just now arranging a “loan” to Corea of between six and seven million dollars. And she borrows just now also twenty-five million dollars in the United States. Now it is not true financial principle to borrow money to loan, except upon the practical certainty of very large profits. And if anybody thinks that in these deals Russia is not acting in view of the practical certainty of very large profits, then he must be very blind.