The Dawson news. (Dawson, Ga.) 1889-current, 1924-02-12

Out That American Taxes Are
Higher Than Those of Most of the
Allies and Wants Them to Pay.
WASHINGTON, d. C.-Dehnite
pressure upon foreign nations to force
payment OF their debts to the United
States may be exerted soon by the
American Debt Commission.
Representative Crisp, of Georgia,
member OF the commission, declared
that he expected to confer with Sec
rotary Of the Treasury Mellon to
suggest more definite and active
policy toward the creditors OF this
country.
Expects Payment.
Funding of the $9,000000 debt by
Finland, recently approved by con-
gress, stands as a notice to debtor
nations that the United States expects
them to pay" Crisp said
1t will be suggested to Secretary
Mellon, who is chairman OF the debt
commission, that the board be as
sembled and that il draft a courteous
but firm note to each OF the debtor
nations asking that they send repre-
sentatives to the United States to ar
range for funding of debts, according
to Crisp.
The Georgia representative pointed
out that the debt payment has detl-
mite relationship to reduction OF taxes.
To-day our taxes are higher than
those of most of our allies, Crisp
declared Our people are being
taxed millions Of dollars to pay inter
est on the bonds sold to raise money
loaned to the allies When the loans
were made it was distinctly understood
that the borrowing nations would pay
interest promptly that American tax
PAYERS might be relieved OF 1t.
There is no excuse for debtor ma
lions longer refusing to fund their
indebtedness. By this procrastination
they are alternating the sympathy and
friendship Of American taxpayers.
Crisp assailed France especially Tor
her failure to fund her $4,000,000,000
debt Declaring that during the last
wear France made loans to Poland,
Tupo Slavia and Rumania, totaling
800 100000 francs, Crisp continued;
Loan to Poland.
Loans, according to the French
government, were made to Poland and
| Tugo-S 1avia for the purpose OF slim
ulating sympathy for France III those
countries and to Rumania that she
might maintain a we'll equipped army
to insure peace in the each.
IF France is able to make loans
to the nations she is able to make
some payment on her Indebtedness to
the United States.
He insisted that the government
use all honorable economical and dip
lomatic methods possible to collect
our foreign debt, so that the people OF
the United States may be relieved OF
the tax loads they are now bearing.
That the debtor nations will realize at
once the importance OF funding their
Indebtedness" was the significant hope
expressed by Crisp.
1t was understood to be the atti-
tude OF some members OF the debt
commission that no definite action
should be taken by this government
until the results OF reparations meet
ings in Paris and Berlin take definite
form. France and other debtors
take the stand that they cannot pay
the United States until they obtain
settlements with Germany.
Mr. Crisp protests that the United
States deal directly with the allies
and that they must settle directly
without regard to what they may
receive from Germany.
No foreign debt meetings are
scheduled in the near future, it was
learned at the treasury The total
Indebtedness with interest is over
1,000,0 10000. Great Britain has
funded her $4,60C,000.000 debt Ali
debtors have been offered the same
terms as Great Britain and Finland,
i. e., amortization OF the loans over
o. years and reduction OF interest to
a nominal figure