Show THE I PROBLEM AHEAD lIT has been a long time since anyone beLL be- be LL that as many as ten men from anywhere anywhere any any- where In n the world could be gathered who would bet their fortunes even at 10 to 1 odds odds- that Europe would surely pay Sam the war debts when due or at any fu future future Xu- Xu ture date Yet there are more than one million Americans who If it they could be polled would declare that payment in full with interest eSt is is' justly due the United States There are Americans on the other hand and a large number of them who without sa sacrificing principle have asserted and who still assert that there should be cancellation cancellation cancellation cancella cancella- tion or downward readjustment of those debts Their view is that world recovery f from om its economic paralysis may be reached In no other way With the national nal debt of the United States standing at we are asked to wipe out the huge sums due this our allies in the World war I Whatever the Ue diplomatic tenor of the overtures overtures overtures over over- tures made to date by the P powers v o is i's S protestIng protesting protesting protest protest- ing that they wish only delay in exacting payment or that t they desire the debt totals scaled down exactly what they mean to say Is that they want cancellation The administration at Washington knows this and Americas America's greatest banking houses know this They also know that the greatest problem ahead is that which w will 1 arise when the European nations say not that they cannot cannot cannot can can- not pay but that they wont won't pay What will t the e United States say tilen then It is out of this certainly looming outcome outcome outcome out out- come that President Hoover Hoove issued his invitation invitation tation to Governor Roosevelt for their unprecedented unprecedented unprecedented un un- conference on war debts Disarmament Dis Dis- armament programs and proposals will be beyond beyond beyond be- be yond doubt enter into th the picture American American Amer Amer- ican statesmanship and nd American diplomacy are entering a crucial stage and the whole nation may mayas as well weil start collective thinking about what is to be done Europe's whole attitude is sinister T The e clouds are beginning to lift revealing the true picture The of diplomatic language do not conc conceal conceal con con- c ceal al the real Import of the polite representations representations from abroad The question which is likely to call for an answer in the very Immediate future Is this Will it be better for America to pay for forthe the the last war than to pay pay for another one |