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Show Optimism Prevails In the Markets I I I-" ! I -'I NEW HOPE INSPIRED Uppermost in the minds of the people today la the question; When will business recover and the wheels of industry start turning? Ever since the proposal of Presi dent Hover for a moratorium of one year on all so-called "war debts," a feeling of optimism has swept over the nations affected. Prices have improved and indications indica-tions are numerous that further progress will be made now the proposal pro-posal bag been accepted by all the nations at Interest. 'Debtor nations which were' facing fac-ing bankrupty have been given a new lease on credit for at least a year, in which time it is hoped, they may be able to adjust their affairs to an economically sound basis. The moratorium plan proposed by the President and which has been accepted by all the nations Including Includ-ing France which was Inst to agree, will seemingly affect the United States adversely to the extent of $240,000,948.00 That Is to say the payments waived would mount to that sum. - - Payments to be postponed by the moratorium for one rear are as fol- lows : Austria, $287,550; Belgulm, $7,-950,000; $7,-950,000; Chechoslovakia, $3,000,000; Esthonla, $597,000; Finland, $312,-295; $312,-295; France, $50,000,000; Great Britain, $159,520,000; Greece, $1,-109,080; $1,-109,080; Hungary, $09,342; Italy, $14,706,125; Latvia, $249,000; Lithuania, Lith-uania, $224,550; Poland, $7,535,00; Rumania, $800,00(11; ' Jugoslavia, $250,000: Total, $240,009,948. |