The Cordova daily times., 1921-12-05

tually the same, about $10000,000OOO The British are willing to cancel what is due them if the United States will cancel what the Brit ish, French and other allies owe to America.
 In return for the loans made by Great Bri- tain and the money spent by Great Britain the British empire has been materially benefited The Germany navy, which was regarded as the greatest menace to the empire, has been de- stroycd. The German merchant fleet, which was regarded as the greatest danger to Brit ish commerce, has been destroyed. Hclgoland, which was the most dangerous naval base off the British coast has been destroyed
 German colonies in Africa which were re garded as most dangerous to the British Afri- can empire have been destroyed and the terri tory added to the British empire. British rule has been extended in Asia Minor, in Palestine and Mesopotamia. Australasia has been given the German islands which are needed for the protection of Australia and New Zealand
 These are material benefits, some of which are almost incstimable in value to Great Bri- tain. Great Britain's heavy expenditures have been compensated, both by release from mjli- tary dangers, by the elimination of a sea com pctitor and coonzimg competitor, and by the extension of domain.
 In return for American expenditure and loans there has been no return. Not even fho protection which Australasia found in ho transfer of the German islands was granted the United States. The German islands north of the equator, surrounding American po~-.-- sious were given to Japan. the possible enemy of the United States
 Mr.. Mc[cma says that Germany cannot pay the indemnity and make separations. Ger | ,l ( | States IL is owed to the allies. We cannot tell them how to deal with Germany or how to deal with each other.
 There is subStantiol difference between the position of Great Britain and that of the United States. Great Britain, having a return on the money spent in war, proposes cancel lation of debts to the United States, which has had no return, in order to make Europe solvent, although the United States has done nothing and is doing nothing to make Europe inSUivrnt.
 Mr. McKcma says that no other method than cancellation will accomplish anything and that all other methods have been considered There is another method for Great Britain. II can turn over the British West Indies to the United States They are more important toI the safety of the United States than the Ger man islands were tO Australia and New Xca-| land. They have no value to Great Britain except against the United States. Thew have value as naval base against thot American coast and the Panama canal, and that K why they should be under American control.
 We cannot make Great Britain give thrmI llp. but we can say that there will be no can 'cIIaton of debts so long as the British have means with which to satisfy creditor whoI is willing to accept payment in these islands If the loss of them cut into the British empire Americans would not make the proposal. It
 does not do that. Their value is all to the United States.
 If the British do not want to make this to the United States they should then pay their debts. If they do not want to pay the debts they should make the com 
 The allies would cancel after they had taken profit The United States is asked to cancel after it has been denied even the international zaton of the sable station of Yap-Chicago Tribune.