Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-10-10
BURTON OPPOSES
|. PROPOSAL TO WIPE
OUT ALLIED DEBTS
Commission Member AS
serts Plan Would Aid Eu-
rope Make War.
AMERICAN LOANS
PRICE OF SACRIFICES
Should They Be RENTED,
Debtors Would Expand
Fighting Establishments.
IS AGAIHsT FURTHER HELP
Ohio Congressman Would Conf'ne
Foreign Financing to Iu-
AMERICAN LOANS
PRICE OF SACRIFICES
, AGAIHsT FURTHER HELP
Ohio congrr.smnn Would Confnc
Foreign Finnnring to Hu-
man Relief.
LRv Associated r-nss1


WASN'T NGTON. Oct. "a strong
declaration was made today by Rep
res"ntativS Theodore r. Burton. Re
publican. Ohio. a member Of the
allied debt commission, against any
cancellation OF the debts Of Euro
pcan nations 10 tho United states
Representative Burton conferred
With President Harding today, and
after campaigning in Ohio. will re.
turn here for the meeting late this
month OF the allied debt commission
with Great Eritain's financial repre-
scn;ativcs.
There arc many reasons why the
allied debts should not he cancclcd.'
said Representative Burton. "I.irs,.
they are binding obligations, ma
tional debt. and their cancellation
would throw doubt on national
credit. which is an ali-important part
OF all commercial and Industrial re-
lations.
Mndc ns Price of Sacrifice.
Second. these loans were not made
from an abounding revenue. but
we're obtained by borrowing from our
people with no small difficulty and
with a great deal of sacrifice. There
was no thought at the time tha;
they would not bc repaid. and. indeed.
the law under which our people took
out bonds provided for their eX-
change in kind.
Third. the United States is sin
ccrcly Interested In world peace. II
these debts were Cancelled il would
lead TO an expansion OF the military
and naval establishments of othe,
countries. and. thereby, bring p
throat OF war and all the waists II
entails.
Fourth. proportionateiy the in
states as A result of the war Is
greater than tina, of the borrower,
ihe increase in taxation also is PRO-
portionatcly greater.
Debts Ought to He Paid.
further. while we recognize tho
sacrlhces made by the allies during
the war. their danger was more i'm
ninent and we have gained no ter
Ii'orS ana are not expecting any
large indcmn:ties. The general feel
ing abroad Is that these debts ought
TO be paid"
Mr.. Burton also declared against
any further national loans abroad,
adding that private credits for Amer
lean materials might and should be
arranged. hut that the United States
Treasury should not be called upon
again TO aid any foreign country
except possibly FOR human relief.
He did net appear to be impressed
by the League of nations. several of
whose meetings he attended at Ge-
neva
League Like Debating Society.
at seemed like a debating So
cic,y." he said. declaring that num-
ber Of irrelevant and academic ques-
tions seemed to be receiving undue
attention. There Was as little prob
ability now as ever. he added. that
the United states would become 4
member. of the league. hut he eX-
pressed belief that the United states
should have representation on a
wcrld court with limited jurisd Lotion
and one not under control of the
league. An effort is being made. he
said, 10 detach the present interna-
tional court from the league.
America Given No Credit.
IL WAS greatly disappointed" Rep
rescntative Burton declared. that
in all the discussions of the league,
including mention OF the contribu-
tion OF f2S0.000 by Great Britain to
Russian relief. there was no montion
whatever OF the s20.000.O0O given by
the United States and the private
efforts of America, which undoubted-
ly resulted in saving many thousands
OF lives. And only Viscount Ishii
mentioned the disarmament efforts OF
Continued on Page Q. Col. 81