Alma record. (Alma, Mich.) 1878-1928, 1922-09-07
UNCLE SAM s
, HELPING HAND
NATION HAS LOANED MILLIONS
To OTHERS SINCE THE
WAR ENDED.

We hear it said so often that the
United States has been selfish with
other nations that it is refreshing to
have some real facts on the ease
which show conclusively, that while
we have kept out of entangling
European alliances and avoided
their petty qarrels we have given
them probably more substantial aid
than any other nation in the world.
Leaving out Of the question the
amount of money the United States
government, as government loaned
to European governments during the
war, it may interest the taxpayers
of the country to know that after the
armstice was signed when there was
no longer any need for "war loans"
being made to any European coun-
try, this nation advanced to the
several nations of Europe the total
sum of Sis, G2G,475. This includes
no money advanced by this govern
ment to any ration TO help prosecute
the war. 1t was all loaned to other
nations after the signature Of the
armistice, some Of it being loaned as
late as January, 1921. OF this sum,
Belgium received in round numbers
$30,000,000; France Si07, 100000;
Roumania $13,OO0,O0O; Czechoslo-
vakia $3O,O00,0O0; Poland $l36,O00,-
900, and other smaller nations small
Ter amounts.
There is continual talk in some
circles about the duty the United
States owes to the new, small nations
of Europe which were created at the
Paris peace conference and started on
their uncertain ways. The records
show that the United States is prob
ably the only nation in the world
that s really helping any of these
new nations.
1t is therefore interesting to know
that Esthonia, one Of these new ma
tions which we are accused of not
helping by this country in the sum
of over $15,0OO,000; Finland in the
sum OF over 100000; Czechoslo-
vakia IN the sum of over $102,000,-
600; Latvia in the sum Of over 3d.
100000; Lithuania in the sum Of 3d.
100000; Poland in the sum of over
$148,OOO,00 and the Serbs Croats
and Slovenes in the sum Of $57,000,-
600.
1t should be also kept in mind that
financial aid to European countries
and to the rest of ,the world was not
confined to what the United States
government advanced. Since the
armistice, nations throughout the
word, foreign municipalities and pri-
vate corporations in many countries
have been loaned by American finan-
cial institutions over 100000, 1000.
In the year 1921 American financial
institutions loaned to various foreign
governments, cities and corporations
approximately three-quarters of n
billion dollars.
Thus far during this calendar year
there has been loaned in foreign
countries over half a billion dollars.
Poland has been loaned $4,000, 900;
Czechoslovalia has been loaned $780,
100000; Jugoslavia has floated a
loan in this country Of $25,000,000
French cities, railroads and corpora
tions have floated loans in this coun-
try since January l in the sum of
$81 100000. Canada, Canadian pro
vincies, canadian cities and Canadian
corporations have since January
floated loans in this country aggre-
iating 100000. The Neither
lands government and Dutch colonies
and Datch corporations has nego-
tiated loans in this country since
January l, approximately S175,00O,-
600.
South America has been a big Dor.
rover in the United States since the
armistice. We have made loans tC
South American countries and South
American cities as follows: Argen-
tine, $90,000,000; Bolivia, $4,000.
900; Brazil, $134,O00,O0O; Chilia
$45,000,O00; Paraguay, S1,920,000
Uruguay, $13,5OO,OOO; Peru, $780,.
600; Cuba, Sal 100000 the Domini
can Republic, So, 100000; various Cen
trail American countries S13,000,000
This makes a total of 1881 600, 00C
which has been loaned to South anC
Central American interests.
These figures do not bear out the
statement that the United States i:
selfish government and that tn,
United States financial institution.
are not inclined to help out the res