Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-02-28
CRISP ON REPUNDiNG
OF FOREIGN DEBT

Third district are always interested
in the stand which our represen-
tative in Congress, Hon. Chas. R.
Crisp is taking on all public ques-
tons and especially one so impor-
tant as the funding Of our war
debt to the Allies.
Mr. Crisp announces, in a speech
delivered on the floor Of the House
that the settlement as proposed is a
reasonable one and that he is
going to vote for its passage.
But, Mr.. Crisp feels, as do scores
of others on his side of the House
resentment Of the unfair and
partisan way in which this whole
matter has been handled by The
Harding administration, in refus-
ing to recognize the Democratic
Earty place on the debt refund
ing commission and he feels as do
many others, that common cour-
tesy, if no more, demand this, in
asmuch as the huge sum involved
IN the transaction is the property
Of all parties and of all the peo-
pie, and not of any one interest
nor of the Republican party sole
ly.
Mr.. Crisp points out that almost
every dollar which we loaned Eng
land was expended in this country
Tor the purchase of cotton, cotton
goods, machinery, war material
and food supplies to be used in the
prosecution Of the war in which we
were actively, engageO, thus in
creasing our national wealth and
our treasury benefited thereby by
extracting income and excess
profit taxes from folks who profit
ed or "profteered" from such ex-
penditures.
What is most needed in the
world today, points out Mr.. Crisp,
IS the sterilization of the worlds
economic conditions and a return
to peace basis. This can be done
he believes, by stimulating the in
dustrial life of England, thereby
stabalizing their economic condi-
tions. When they will go to work
they create the wealth necessary
to meet the payments due under
the funding agreement. Until the
debt is funded, their financial af-
fairs are uncertain and chaotic,
but when funded they will know
how to proceed.
To make himself perfectly clear,
Mr.. Crisp, in concluding his address
said:
I'm my judgment, the war-torn,
taxburdened, weary world longs
above everything else, for stabilza-
ton Of world conditions which will
tend to promote the peace, pros
perity, and happines of the people
Of the world. In my judgment, the
funding of this debt is the first
step inaugurated by this admins
tTation that tends to do this. There
fore, l shall not let politics nor,
possibly, my own personal political
welfare deter me from voting for
a proposition that, from the depths
of my soul, l believe is fair and
reasonable to the contracting par
ties and tends to promote the well
fare and happiness of humanity"
Mr.. Crisp has looked upon this
very imprtant piece of national
legislation in a big, broad minded
way. He has asked for justice for
his side Of the chamber but failing,
has refused to play party politics.
1t is such action as this that proves
whether your representative is a
politician or a statesman,
1t Is not always popular to as
sumo the position of statesman in
stead of politician. bat thinking
men and women do not forget, do
not fail to appreciate, the fearless
ness of their member in the lower
house.
The Times-Recorder believes
that the position taken by Mr..
Crisp is right. We believe the
sooner This question is nettled,
the better for all concerned. The
settlement arranged with our AL
lies Of the world war is fair one,
fair for US and for them. We
have little patience with those in
congress who would demand and