Show u US U.S. S. S MAY APPLY DEBT PRESSURE Cut in Dollar Revives Bills I. I Seeking Collection of War Loans WASHINGTON Feb eb 3 2 The V-The R Roosevelt administration today appeared ap ap- ap- ap peered ready rady to apply appy pressure upon delinquent European war debtors debtor pointing out America dollar doval doval- nation had wrought jm at least theoretical theo theo- reduction 0 of per cent inthe in inthe inthe the sums owed Sentiment apparently ruled strong in both the senate and house howa iz in favor of some sort Ort of cC retaliatory action I against defaulting nations Half Hat a ado do dozen en moves morrs in the past have been halted principally by la lack k of of ac acquiescence ac- ac Co quiescence by the administration Senator Johna Johnson n of California tp- tp day had th the approval of the state department de de- de- de to certain amendments ts to his ure t to o further credit to nations behind in their war WI debts The Democratic Deader Robinson eader-Robinson Robinson of Ct Arkansas said Arkansas said the Californian would offer the amendments himself this afternoon and predicted Adoption of the measure with little or r no po o de de- de- de bate The Johnson bill would penalize the buying or selling of Qt bonds bond of any delinquent war debtor Loans to luch tuch nations also would be banned On the b basis ai of ot the per cent gold dollar England's debt would be cut from to Frances France's from to and nd Italy's from 2 2 to |