Show MONEY OUTLOOK CALLED BRIGHT Secretary Houston Reports Treasury's s Po Position Has Become Strong Washington Feb 12 1 Confident Confident ent that E Europe's ropes monetary problems would bo be settled satisfactorily was expressed toda today b by Secret Secretary r Houston In R a re review review review re- re view of or the International financial sitU sit sit- U ut a t i lon o ii This country is constantly furnishing furnish furnish- lIng l- l I ing lug Europe capital with which to reconstrUct ro- ro re reconstruct construct the economic life of or nations t there said Mr Ir Houston explaining I that a advances arc are being heln- made in the same wa way vay that Europe aided this country country coun coun- try tn In time lime of ot i In time the past not b by government Jo loans so 50 much asby as HS asby b by indirect methods method such as pr private loans sale of surplus arm army equipment and the time a h of or hl high grade h-grallo h in investment In- In vestment securities offered In markets i I Continued on page 2 2 I IONEY MONEY OUTlOOK I IS' IS DEClARED H HOPE rf Con Continued from Crom Page 1 1 here b by European holders holder T The e. e U tar estimated that Europe had iad ad about dollars this country countr since the armistice signed Tho The position of oC tho the United S St S- treasury was said by br the se be he strong stron and on Monday th the issue of oC loan certificates of ness about will wUl be bei deemed leaving lea no outstanding fi fl fling In ing Joan loan In tho sense of oC short short-l certificates certificate requiring to to bo be refu at ot maturity Tax certificates Quist ing amount to Z J 10 a a t which will be paid by come collie and profits taxes taxes' Altogether Secretary Houston Houst n chinned to agree with the pesSi view of oC some public men who fo foa for fora l a financial crash and asserted thou though h man many manny difficulties remain was nothing nothing- In the situation t to as extremely grave gr |