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Show BRIGHT SPIRIT ! HELD NEEDFUL Constructive Optimism Will Solve World Depression. Trade Expert Says i LONDON. Jan. 7. Sir Robert S. j Home, president of the board of j trade, in an interview In tho Graphic, urges tho adoption of a spirit of cal- I eulated constructive optimism to meet j the world's existing commercial and financial depression. Sir Robert de-clared de-clared the c-eneral fatalistic assumption assump-tion that things are black. Is keeping them black. Sir Robert said the attitude at-titude Of the United States was strictly strict-ly "solf-eontained." "But." Sir Robert continued, "thcrr la a move on foot which I earnest! . hope will lead to som-thlnr" Referring to the exchange question, Sir Robert said: The only solution for that question ques-tion Is the proposal mooted some time ago that America waive England's indebtedness, in-debtedness, and that England should do the same as regirds European countries. This would help America, who todav 1- In the curious position that the high value of the dollar prevents pre-vents her from selling." Sir Robert asserted that Great Rrit nin has prepared to consider serlOUfll extension of credit to Austria, Hungary, Hun-gary, Poland. Rumania. Bulgaria and Czecho-Slovakln. but Is not to Ger-many Ger-many at present Germany, he said., was dumping steel billets cotton and Other goods into Great Britain at t prices considerably lower than they could be manufactured in i.rcai erii-ain. erii-ain. There also was reason to believe be-lieve that some German financier. wcro try Ing to maintain the depression depres-sion in the mark In order to enable them to knock Great Britain and other countries out of the world markets. mar-kets. Russia. Sir Robert said, had some 50,000 pounds sterling in gold with which to buy. Leonid Krassln. tin j Bolshevik representative, has a trade contract which only awaits approval 1 or rejection by the Russian govern-J ment. |