Show McADO OIS suggestion THE latest democrat of national reputation and there have been several of them of late to take a stand against the cancellation rancell atlon of the allied debts owing to the united states Is william G mc adoo doo who ho was the secretary of the treasury in president wilsons Wll Wil sons cabinet and iho 11 ho knows something about how the money was loaned to europe in a recently published book crowded years sir fr mcadoo cAdoo I declares that the cancellation of the debts would place a heavy burden on the american taxpayer he offers a suggestion which has been made before that great britain and ana france who abo owe us the greatest bums cede to us at least a part of their possessions in the western hemisphere as a pai ment on the debts the former lecreta secretary ry of the treasury says in part it if they would transfer to us ns their blest est indian possession together with british and french guiana we could atford afford to accept them in liquidation of a large part perhaps as much as hatt half of their indebtedness this Is tar far more than the intrinsic value of the islands and to the file extent that it Is we would be canceling a large part of the debt deb bat a I 1 am ure are that public opinion in the U united ted states would approve this gen generous treatment especially if it was provided that a just part of the excess value at chich alch we took the islands and other territorial Titor rit orial lal possessions should be applied by great rest britain and france to a reduction ct their claims against germany the debt in the united tales states are having tough sledding practically all of the leaf leading fing statesmen of 0 both political parties are against cancellation and it might be well to remember ber as one authority recently pointed ut that the debts would not be actually cancelled they would merely inertly be transferred from europe to the backs of the american taxpayers somebody has to pay them and it Is certainly neither fair not just to ask the american taxpayer to paty pty back to uncle sam money which was lorro I 1 aed ed by european nations the term v var ar debts Is misleading too as practically all of the debt incurred before alie lie armistice lias has been cancelled the international bankers want to make their private loans in germany good and ana tills this Is orly only natural but there ought to he be some better method than shouldering the rest 0 of f the cost cast of the war on to the american taxpayers |