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Show I EUROPE'S DEBT TO AMERICA There will be a meeting of the ihamber of Commerce of tin- United Slates in Washington loday to consid er big problems, the most important ; of which will be the eleven billion do! J lars of debts winch foreign countries owe to the United States. It has been suggested that these debts be cancelled, but the more conservative con-servative sentiment of the country Is not In favor of this move If Europe i.-: unable to pay, tin n should be an adjustment Tho Interest rate should be fixed and a: least i part of the inter.-i paid and the final payment of the pr;ncipul deferred un- j tU Europe has recovered from the dit organizing effect of the war But the debt should remain to b used by this country, H ever there la the years gone by the abilUj i the people of the United States to pay was not considered Following the Baring Bros, failure in the early nineties, the English banks called on 'UjU America to liquidate and there fol-lowed fol-lowed the panic years from 1893 to 1897, during which i his whole conn try was in bankruptcy, attempting to meet its foreign demands Now it may be possible., in the years to come, American may find use for these billions which Europe owes us. Why not keep Europe In our debl n-in n-in emergency measure? |