Show UNCLE u SAM TEMPORARILY Y YIN IN IN DEBT TO OLD WORlD New York Bankers Try to Stave Off Payment Until Crops Begin to Move NEW Y E YORK Oct 9 The The strength th of foreign exchange In the face of 1 high money rates prevailing In Wall street during the last Jast two weeks has been more or less Jess of a mystery even en to the bankers The United States Is deeply in debt to Europe As startling as this statement ma may s seem em It I Is vouched for fOI by the ablest foreign exchange experts of both sl sides of the Atlantic Tho The extent of our foreign debt Is variously placed at from to and It may be larger It will of course of-course not course coulse be necessary to ship an any large Jarge amount of oC gold to meet this debt debt- It may not be he necessary to ship an any nt at all Wall all street hopes to lo be able to postpone settlement until grain and und cotton begin to move c abroad 1 In such quantities as will wipe out the debt and place Illace the International balance alance on the same side of the le ledges us as the trade balance Until this the foreign exchange e experts do not expect an any permanent relief reller to come to th the New cw York mone money market |