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Show II ' ' r - - . . j EXTEND THE CREDIT OF UNITED STATES. B There Is a crisis in our foreign ulj trade, due, It is said, to the inability of foreign countries to establish credit Hp Wltb us. jflj Why not issue bonds lo carry on 'f! trade? We authorized billions in bonds jyj to carry on war! Billions In bonds today would keep lift our foreign commerce at full swing! u and help absorb the surplus of foods! Sr and manufactured products which is IfjjL clogging the arteries of trade in the 1 i United Stales Why not invite Euro-1 ujT pean countries to buy on credit, based . on bonds? Eventually, as those roun- i iB tries resume industrial and commer j Sja olal activities on a normal basis, the jtj bonds will be redeemed and the peo-H peo-H pie of the United States will be en ' 8v riched by iho tribute which will flow K from debtor to creditor. M Now is America's CTeaiest opportu ! IS nity to displace England as the great M credidtor nation of the world. Eng On land, in the lone years gone by, saw the advantages of investing billions of I 1 dollars in other countries at a good ! rate of interest, and did the thing so J pjjj successfully that, ns England gre in j Sfl commercial importance, foreign peo-1 Bfl pies had to deliver to English ports MB every year hundreds of millions of dol ' U lars in goods in order to pay their , Wj obligations. That is why the English were able to sustain an adverse bal B ance of trade which ran into billions BH of dollars The difference between imporis and exports the Imports greatly exceeding the exports- repre-Ks repre-Ks sented the gathering of Interest from XL the world Investments of Englishmen jjf America can reach the ume position D as a creditor. Mm on |