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French Raise Huge Loan for Mandated Lands

May 29, 1929
See Original Daily Bulletin From This Date
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The territories held by the French government under the mandate of the League of Nations are to benefit greatly from a huge loan secured by the government for developing purposes.

The amount of the loan is said to be to the extent or £24,000,000, and is to be expended on the mandated territories of Cameroon, Togoland, as well as the colonies in West Africa, Indo-China and Madagascar.

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