Show THE CUSIS BOIT how it light hatt hate whorled ia la bonlon row it has helped the lh railed states beli S F P 1 NEW youir dec 8 nathaniel page who haa has just returned ret arnid fro from tm europe tonight to night talked about the 0 financial flo ancial crisis in foreign countries it was jnet jost as tight a eq uwezo aa as london could stand without going under caid said mr pase allor lor bad had the assik assistance tance from tho the 13 lunk a it of 0 france been houri the bank of england eagland coald could not have taken up the obligations and scores of 0 smaller houses would inevitably have followed the coll collapse apse of he the barines Ba rings the baring guarantee la Is backed op up by more names than havo been made public tor for it required a tremendous line ol 01 credit I 1 am informed that euall h capitalists havo have lost dearly mearly tn in south american am airan speculations in the last live fl re years eo so yon yoa cn can appreciate preci ate what a drain thera has bean on be the c collera efera of london ban bankle klo houses bouses ilia moner was about equally divided between tha the gOVera and industrial investments and it looks as if the bulk of it were a total loss the instability of the so south oth american vern ment and the unscrupulous schemes nea ct cl bomer of their politicians ceans are re 9 for the wreckage of capital capital when it will end and bow no one can accurately foresee there must be a liquidation and a tooting footing up of the balance before confidence can ba he fully restored that will require many months month of inquiry and I 1 scrutiny th the crisis haa has helped the united elates states in thas tbs r respect es it has demonstrated to the world anito nn i to BO country more than to england that we can take care of ourselves over hero here the wy way new york withstood the cras crash h wag was a a surprise ur to Lon londoners Londo doners nerg it opened the eyes 0 of fore lamers and raised country considerable in their estima lion as ai a money center th thia better impression rozard inte american Amei ican affairs 11 continued mr page page comes at a time when england engi I 1 d is that we havo have frowd a pont po nt ahead I 1 her in cather luK the south american republics under conr wing and insuring the cabill abil fv v of the on the pain plain 0 ty i SiL reary ill ia h re to crded as a noice 0 o coan tries that ami am rica has hi the power and strength to dominate do minato tho the western hemisphere bomis piere and aro a a going to do it 11 |