Bankers Offer Loan Plan; Goldin Sees a ‘Rejection’
Leaders of NYC's financial community lay down conditions for lending city $280-million to ease its current financial crisis, lr to Controller Harrison J Goldin; Goldin considers lr 'tantamount to rejection' of city's request for loan; lr, prepared by Financial Community Liaison Group and signed by Morgan Guaranty Trust Co chmn Ellmore C Patterson, says city's financing requirements are beyond ability of NYC financial community to provide; says city will have to get advances from NYS and Fed Govt to meet balance of its cash needs through rest of fiscal '75; Goldin spokesman says required balance on projected loan would be $720-million; Mayor Beame scores various pressure groups that seek to impose their views on city in its present plight, speech at ceremonies marking US Bicentennial, City Hall (L)