The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1920-07-07

4. As to financial terms, I should
make them liberal. would charge no
Interest for the first three years; for
the next three years, @ per cent. with
provision that such interest might be
funded II the economic conditions OF
the country were not approaching nor
NAL, or II Its exchange conditions were
so adverse as TO make payment I'M
duly burdensome, / should make the
maturity of the obligation 10 years
from its date, and | should have no
doubt as to Its final payment.
.. Immediately the plan was adopt.
ed | would have our government IN.
vite other governments In position
to assist, to participate in the under.
taking.
@. To set forth completely my opio.
ion. ! should add that In the final in.
structlons the American people,
through their government, should shy
TO the commissions:
"We want you to go and do this job
in such manner as, after study, you
think II should he done. This is no
ordinary undertaking. The American
people trust you to see that 1t is done
right"
| would also say to the commission:
use so much of this money az is
needed" Personally, am confident
that with the assistance and co-opera-
tion which would come from other
parts Of the world the sum of $780,
100000 from the United States would
be more than enough to start these
countries on their way TO self support
and the restoration of normal cnndi-
lions.
The whole plan, of course. Involves
many practical considerations, the
most serious of which is that OF oh
tanning the money, whether by issuing
additional Liberty bonds, an increase
in the floating debt or by taxation.
But | think we could properly say TO
the treasury department:
1--WE know how serious your finan-
ciai problems are; we know the diff
cuties which are Immediately con-
fronting you; we know the importance
of deflation, and we know that the gov
eminent must economic and that in.
dividuals must economic. but we also
know that the American government
advanced $4,000, 100000 to It's allies
to attain victory and peace Certain
ly 1t is worth making the additional
advance in order to realize the peace
for which we have already struggled,
for nothing is more certain than that
until normal conditions are restored in
Europe there can be no peace"
Above all things, | would say that
whatever action is taken should be
taken Immediately. The crisis is so
acute that the situation does not ad-
nit Of delay, except with the possibili-
ty of consequences one hardly .dares
contemplate.
The situation that I have spread out
here is far beyond the scope of indl-
vidual charity Only by the action of
governments, our own and the others
whose resources enable them to coop
crate. can aid he given in sufficient
voiume. am also confident that our
action "ould he followed by I've gov
ernmcnts of Great Britain, Of Holland,
Of the scandinavian cO''ntries, Of
Spain AID japan. and thai France and
Belgium and Italy, nOtwit standing all
Of their losses. would help to tile best
Of their ability.
Seeks Divorce From Her Fat Husband
The obesity of Ter husband who
weighs 300 pounds. is the ground upon
which Mrs. Pauline Chavias, twenty
four years old of Newark. y. Y, seeks
to have her wnrriage annulled.