Show TURKEY RUNS i HER WARS JARS WITH GREAT ECONOMY I I Moslems Least Bankrupt of Nations Active In r rV V orld Struggle 1 AMAZES FINANCIERS I Army At Times Reached 3 A- A Strength of Million Men PARIS PAUlS Feb DY l Dy By th the Associated Associated Asso Mao elated Press Turl y Is the tho least eMt bankrupt of or any nation that has mae take an active part In the world acrid war a ac- ac according ac according cording to Information reaching here not excepting e England or ar rance The rhe chief reason is that apparent she baa haa conducted her wars since H 1014 U Ith the strictest economy The piss pi cot ent Angora or Nationalist government which has bren ben fighting the time Creel Greel 5 and holding ort oft the tho allied pa er sin 1919 has the time temptation t tO prInt up ao an any new money the Iho 1 he total war pre and war star ar debt or of 1 Including the charges es th thIt It t may bo be set against a oln t her at 1 or In nn an any treaty of or pem-e pem to pay dam dan damages damages ages to foreign nationals Is estimated 1 to run barely aboe above I 1 1 sum aum is regarded as It low w when It Is remembered ered that byway hy hyI I way ot or comparison France owes awes the States Statis a war debt of and Germany 0 owes ones es the allies approximately I DUn 10 JO I 1 R CI R Ct- Ct y- y a Iuro onn point 01 vi view OW thie Interest In lt I is pertly partly in Inar war bar times nines and largely financial In iii peace times American Intel cst also has been directed toward lurkey in the past te Ie years leure cars v ith 1111 h 1 11 tobacco crops crOl'S It tr nothing else hem being brought up Dy ny D American firms An Aim analysis of at lurkey lurl ey s finances shows bhe he became beca bankrupt L rupt In III h 71 atter foolish Coolish sultans and their corrupt ministers hind had contracted foreign loans In Jn n issi l 1 Abdul H In order to satiety these th so loans turne over oer the time salt ana other monopolies lu tv luan tvan tian an Institution known Itro as the public debt to 10 bo directed by U then them debts ts should be pad In one ane way or lurkey urey J owed abroad In 1914 11 ll 5 1 pounds 1 his unit nad lLad a pre war alu alue of 4 I 46 Also Mao she had bad a funded debt of Turkish pounds Of 01 tn tile foreign loreign debt roughly th the alent of ot r ranee rance heid hed 60 per perCent cent Gel many 21 1 1 per c cent nt and Great Britain Holland I Belgium about 13 10 per cent centI I 0 Os G I Turkey rurey s sar uL u ui uL p hav have be been bein n described ed as me tao most I Ibe timing thing in the time Ius history tory of 01 orld war nar finance She rill her war mar on an a shoei shoestring shoe shoe- i I string hiring nen nen the army needed any t any t timing thing thlu It seems to nave flae been either requisitioned Ironi Irom Inc civil Ir IrI lion tion or else the arms army simply went without it And this army often otten num- num numbered I 1 tiered ered men PieD In 1315 1013 thel theteUs e vaa IlS Us on one Internal loan of Turkish pounds at atthe atthe the exchange 01 or O time Then rhea thereas there was as sas a u paper mone money Issue 0 11 lurk n pounds secured by German government y y Londa payable la ja years arter after the war nar ar supplies in ma limited s wel vee e bOUgHt in Germany e a distinct t bear hear bearing ing ng eu on the future tor those Ameri Amer Amer- 1 i uns or othet othel who ho I wish h tolve to live lve or ar do 10 business in ID Turkey Lurkey to 0 one cna American finan financial I cial expert ilO ailo has traveled all allI I as rarely do the ma majority s ma- ot oC visitors If It Turkey Turey cures it Il u tab stab L political 0 and nd It lie ahie a II I ersel from foreign is no ro reason why sn soc lannot annul luten intensify her agriculture and pi o per i Strange as It may rna ma seem to the asuat OE ot ino tue course courso ot of o post post- postwar postwar war ar nations ilm iha h expert asserted that Turkey needs but hul little foreign monty or r loans Hers Is a II problem rather o i I sound domestic pulley the he creation of domestic capital nat Orough better banks bank time the tent lent tor or pi oper lall land and pro- pro ed ed on res reSsie l le e agriculture n Mans Mani Jan merlen in iii Europe ale aie Keenly tire trend of ot politics leading to lo a peace with nith Turkey tC it new 1 lurkey gets the peace she de- de demands de demands mands mands ann ana it the Angora men omen of at the steady sort sorl such as Mustapha Kemal Pasha and General Ismet Pasha keep control It is believed belle ed alit III 11 do In Turkey than titan any ather TIso Turl Turks take tin point of at view that those who aho ho are aro not nol for them arc are against t them and the hae been beeD to feel during limo 1110 four taur years ears that Admiral Marl Mark L Bristol has been U Sl S Shigh S high commis commis- commissioner abner in Constantinople that the I ere acre not when then dealing Americans The Turks of Angora have hae repeated repeated- repeatedly I ly declared they thel th understood their future depended ou on agil agal culture on the surface o l the tho Ian land and the application of ot modern farmIng farm farming ing methods There are mines an forests In Asia Minor of considerable I anJI e malue aluc alue but these they fc can wait alt ait a nn |