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Show SEEK OUT THE FACTS. The war debt problem, in the long run, will not be solved either by supporters sup-porters of cancellation or by advocates advo-cates of dollar-for-dollar collection. It will be settled by enlightened and unbiased un-biased consideration of all the diverse factors involved. 1 As "The Nation" recently observed, refusal to consider would imperil the few foreign trade outlets still open to us, and by provoking the erection of high retaliatory tariff walls would cost us vast sums of money. It is an interesting fact that the decline since 1929 in our annual exports to Europe Eu-rope amounts to four times the 1932 installment on the total war debt. It avails us nothing if we lose several sev-eral dollars in order to get one. The problem of war debts is inextricably linked with the problem of depression, of unemployment, of industrial stagnation stag-nation and disturbed monetary systems. sys-tems. To reconsider them is simply to admit that the way to solve a major economic problem is not to argue blindly, but to seek and discover the facts, and use best judgment accordingly. |