Show DEBTS OF LEADING NATIONS A comparative statement of abo in of nations of the world has recently been issue d by the bureau of statistics of the depart roen tot labor and commerce few people realize tho burden of debt carried by tho nations or stop to consider the immonen upon which they arc paying nl ercyl tor after all it is the people who must meet these tremendous obligations tho total in ortho civilized powers Is put t dut ot this total about halt is carried by alvo european countries tho united kingdom germany italy and spain france while she ie both frugal and wealthy j the greatest debtor nation lu the world an enormous outstanding debt ia a settled policy with her statesmen neither tho government norrbo view with alarm their heavy obligation tho national debt of franco js placed at nearly Is somewhat more than anc of tho entire debt of the world tho united kingdom second in to alst of debtor nations its has increased materially since tho outbreak of the boer war in 1901 the total was foe 1902 iho total is given as russia is the third largest borrower among the great nations abo russian debt is now italy and spain next rank in tho catalogue of debtors italy being fourth and spain fifth italis debt Is decreasing it ell from in 1901 to in 1302 oa the contrary Is growing and growing rapidly etwas abr 1902 it is put at 2061 has a larger debt per capita than any other important power sae france ahe only other countries PJ Q V cr a Jill llon are and afao common JV Aik V M ia wealth of Australia British india abid australian corn i the united states takes low rank abong tho debt baking nations aur policy haa run to a speedy redemption or national obligation and wo are constantly taking up bonds by purchase for redeem in them hag arrived our debt in 1301 63 in the table now issued by abo bureau of statistics the dabi la given as imperial Imper lal debt Is only but which composo the have debts outstanding most of of coarse antedate 1 ing aho of 1871 among the debt issuing powers the united stares 1 the least burdened her strength and far surpass all other nations whatsoever ruest lon inay bo viewed our count rys per capita debt Is placed at abo low 1151 |