Show I PAY U UP FIRST IT Ir IS HARD to sec hour lOW anyone can ean quarrel with the administration p policy oli C by which American loans will riot not be advanced to foreign foreign for for- eign debtor nations which are arc wholly or partly in default on previous loans It may p be that alithe arguments of the war debt are s sound und Perhaps our insistence that the debts be paid is delaying ing world recover recovery perhaps we have no moral right to ask that they be repaid But at least the country i is quite within its rights in insisting insist insist- ing that no good mone money p is going to go after the badYe bad Ye money and we wc didn't get it hack back we can harlly be blamed for concluding that the defaulting borrowers arc bad risks m |