Progress

Agent General of Reparations Payments Seymour Parker Gilbert Jr., ''youthful genie of finance," arrived in Europe. On October 31, he is to take over his duties from the acting Agent General, Owen D. Young. He will have under his control about $230,009,000--the major part of the $250,000.000 due to the Allies on September 1, 1925.

The $200,000,000 loan to Germany under the Experts' Plan (TIME, April 21), floated in the U. S. and Europe, was fully subscribed in Manhattan and London in a "few minutes." Much the same story came from France, Switzerland, Holland, Belgium, Sweden, Italy.