AMERICA WILL PAY
IF OTHERS DEFAULT
NEW YORK, 11th January. Dr. James Harvey Rogers, Professor of Political Economy at Yale, declares that the cost of a general cancellation of war debts would fall on America, which should receive in 1932 £48,000,000, increasing to £100,000,000 in 1984. Nevertheless Professor Rogers considers that America, following the Hoover moratorium, will cancel the debts, which are a burden -to Europe and a doubtful blessing to th 6 United States. . Meanwhile she could use the debts to bargain with other countries for lower tariffs »v American goods. ' '
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Bibliographic details
Evening Post, Volume CXIII, Issue 9, 12 January 1932, Page 9
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92AMERICA WILL PAY Evening Post, Volume CXIII, Issue 9, 12 January 1932, Page 9
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