Western Star And WALLACE COUNTY GAZETTE. Published Every Tuesday and Friday. FRIDAY, FEBRUARY 10, 1922. DEBT OF THE WORLD.

Western Star, 10 February 1922, Page 2

Western Star And WALLACE COUNTY GAZETTE. Published Every Tuesday and Friday. FRIDAY, FEBRUARY 10, 1922. DEBT OF THE WORLD.

Burn) 4 the war Croat Britain borrower! money iroin* America, not. cr kor . rr.vii use But for the Ueo or ;. lir —Cito ur>t time in he* Ay-,.-, . ... ii;.-! to ••<•:>!: foreign ,'inan--A • Dmest ever i-.incc L ; ilij t IL-Uit-L''? tC'IlVj I liO. lUGHOj • L,;s ij.-oijl a mroiue worry lor j r ■-aincr. i. cl the debt, and oc- : y nugene't on:- sag-gesstioci made by sections of tin; press .hat iliiiaia. Would eventually gj.*i ■ u: of repayment if she could. Trie .ol,t ro. or able on. -tVmatul, ntul i bore ha'.o ijf.yii oyoradrc nuia.cd ions (I . ;>'?■ in. America, -chat Lie demand .Arvu’d be-1 made forthwith, the ere a bMm: mrvue that cerr.y.i portions of i-iriiusn territory .Bight be h.artevod lor a dean receipt. ; ;Av -•■;];; e-yioa creeled some resent-, r jiyi',! Anrai vmivnt in British are cordilonh oi Do ; Nav of th" :i Marin A to peBy if eUk-io] demand ift a,' 0.,-py.; : . throughout the war , , r: rr [.he pie-eni time has eav<A> a ii:h her own resources, and hat: mr.ir.'god to wipe off twp nun Leu lieof her debt during the past ~.,vuwu ,m:!>Lhe. will Hit! exeev. iiiou cf lA e United Slide-, she it; the only c-yeacrv L‘i L has ny great sacijiicc made 'income iit expenditure, toe niwbumi Mo..’ Ze:A' ;;M is . grappling .vitii te-'Fv. xtuion hies been eiiornor, - y move:', ml fbr . tide pur- ),••!• it be mi hm-ne with the j remrrk*l>i;> forAt-ndo that eeory j ,t .nr e;di ciiulu’ 1 . ted with the war ' Ml!: ETaapCd with'. Ileptidi*.ticn of : ! a-m ;,:r America is rml v.dthin -hr. CA-m.hio po"id-illio:su but Cm ,-I,';!-; b.lv penernie- eker of Britain t<) ; 1 ail debt owing "to her if tru-'le:' in the i-ama way by ’ moi . wai so it;garde ' by liuinb.rrs cf American newspapers, which | nude, tin' most, of an opportunity to have a lliu'y at" Britain. . Iho world jo ws C- -A Britain Cl ,9 T,(W0,090. . Cre .1 !'•: A.i.iu ovci; America .Cb'72,- | }'). Cod. i.riuiin's oifer sva«, tiierero-... n.av.ificcnt one—altogr ther I;.-,-, end r .j)ju!i*t :, m of the dmilarM.'vi'rr :•<.Alicinn-, of America. 1 T- :‘i *■ rid del t is a str.ggArmg I. : world' owes Cie Fnited j y,y : :,..uO,AIA,MM imuie up as foli n.-d £972.000',009! i W),Cp9,000 j, c.dv dDMAiTOO' r 1 /AOdd.OT) s p SAidTA! j it.,;-' i MidT'hi' A) ! n-y.r Great Britain I yy. .. d! j . yo7,iV,jy.)o i ■ A 79.800,000 ! 102,-ICO,OOO , i :., - 22.100.000' ' {;A r t’-2,9:)0,000 I d, •: ! ! !,000.{nii> ■..! ,u,;. i: • 1 ' . in H' 1 ’ !.<• :,. i.i ; i . ' ■ ; ' ! li.-.n 1 • 1 d: ’ n . j i ; ,' v ■ .. iic ; u., ami : Brie:;in w;w .... : t f! w - wb; U.e Hi 1 ' ' : ; ■ ' • 1 e 1; i.. u dsivci a. si: ‘Aar ■ • ,-;.. A - A-'' m'iiv f lev A-.-m' n’ : "cvA'A-V. ■■ u-'d lim iliiy to | i ,/'■ - v , -ui ' i . If id- ■-> idi .. id‘-so ' .A [ f "A ; ’ • : i'r : .e:t readied, whits vlbers l!2ok the tolotiftl uebt

as a, national regulator—something that notions have got to think abmi! and work to pay oil, instead of thinking about iiyiog at each others' throats. The, more debt the more ; ciinoulfc in it to go in war,' and the; moire Hccci.sary does it becom'* i Tmfimis to cut t!o".vn c-MM-uditufi' on arniamenls. However that may be, .John Bull, and Co. is ready io !lie slate; hue Undo Sam insi-Ls on nett in £ hia ‘•pound oi iiciili.’ So lam a A the little bit due by Britain to i Amorica ]< voucernod, the gvoa 11 London see. no serious di'fi-; culty in paying if it is demanded, and would he rather ghul than otherwise if th" ,j’• ‘id ’vere nuu’, for it i - no mew I'.a t "'aliing to na.tienal ■•.• rifle to owe money to a lor men rroditor —the f’l.-t tune in. Hs l;i-tf.ry. And it would never hove becomt? a debtor to a forci'r.n newer for -its c n new]. Thu' hoL-owcd, moiK-y was h'r ethers, nn-l was spent as isnuch to free America irom the German menace ae anv other country. . b y her action it would appear (hat America does not think so. But what mat lev. The debt will b" paid off ere long, and once again Britain will boecaie what she wan before the war—Urn greatest creditor nation of the world.