Show 0 DEBT AS ASSET our 25 billions national debt are looked upon by many clear thinkers as an additional asset of 0 capital for instance it if a business man mail has in property he hesitates to mortgage it to start a business or an industry butia but i he has 2500 or in national war bonds he can call use them as a basis of capital almost as readily ly I 1 as so much cash Cons considered dered as a wh whole ole the war delit debt will be found to stimulate the industries dus tries as soon as we can escape the enormous war taxes the debt in the form ot of liberty and victory loan bonds is an expansion ot of capital or credit on oil a large scale but it will not move freely into industrial du develop development mont until such ventures are assured of a chance to earn more than the traditional four to six per cent 0 |