SHOULD PAY DEBTS PROMPTLY
Senator Borah, according to an Associated Press report, has given much attention to the administration's funding debt bill. He showed in his recent speech on the subject that the debt taken with the interest amounted to something like eleven billions of dollars. He commented on the immense sums the people of the United States have been sending over to Europe to feed the starving, and now also to relieve the famine in Bolshevik-stricken Russia. Goods exported to European countries, he added, are on the long-term credit system. Home credit was being strained, he argued. He called particular attention to the fact that Germany was trying to arrange for a system of loans based on her ability to sell our goods and stressed the tightness of the money market. All these things and more were shown by the senator for the purpose of urging that Europe should pay her debts promptly. The Europeans he emphasized should go to work for it was only by work that the debts owing the United States could be met. And in his conclusion, he showed it was folly to temporize and allow these conditions to continue and rapped the idle men in Germany in this connection.
TO WITHSTAND HARD BUMPS
Recently having no profits at any time and if they had, having distributed them, they have lately found the cost plus policies impractical have had no surplus to cover losses. 