AMERICA'S DEBT POLICY
<>. INFLUENCE FOR PEACE. CHECK ON ARMAMENTS. A. and N.Z. LONDON. Sept. 26. Mr. Theodore Burton, a former American Senator, who is now a member of the Debt Commission, in a speech at a luncheon, referring to the non-participation of the United States in recent European conferences, said that the prevalent impression in America was that much remained for Europe to do in settling the reparation problems and in the modification of treaties before the good offices of the United States could be altogether helpful. When that time was ripe possibly another Washington conference would be convened to consider the economic conditions of the world. Mr. Burton added that the disposition of the people of the United States was to require payment of the debts due to them. Cancellation or repudiation would create, not merely confusion and distrust in the financial world, but would impair development of the only effective means of paying the debts, which depended on progressive disarmament and the maintenance of peace.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18207, 28 September 1922, Page 7
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167AMERICA'S DEBT POLICY New Zealand Herald, Volume LIX, Issue 18207, 28 September 1922, Page 7
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