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Show Figure This One Out! Now our government, in SDit(. a $45,000,000,000 national debt and in spite of the necessary exl penditure of additional billions for national defense, is on the eve of lending $500,000,000 to the republics re-publics of South America. The bonds of some of those South Am-erican Am-erican countries are now selling on Wall street for as little as 8 cents on the dollar. One of those countries can take $50,000,000 received from the federal treasury, purchase $50-000,000 $50-000,000 worth of its own bonds for $4,000,000, have $46,000,000 left in its treausry, and be entirely free from debt. So the American taxpayer will have paid the debt of the impoverished South American Ameri-can republic! The good book tells us that the creator made man out of the dust of the earth. He must have made us Americans of slippery elm! We are so amazingly easy to skin. |