Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-09-01

President Coolidge has thus far pre-
served a hermetical silence about New
ton ID. Bakers proposal for an all
around cancellation of World war
debts. But many authorities in Wash
ington are recalling these days what
the President is reliably reported to
have said on a famous occasion when
a delegation OF New York bankers
talked cancellation at the Whlte
House. Mr.. Coolidge listened intently
to their arguments. He did not inter-
rupt their persuasive flow nor inter
ject any questions. When the bank
ers' spokesman had told his tale the
President spoke exactly seven words.
which broke up the party, as far as he
was concerned. He said. well, they
hired the money, didn't they
If. as a good many people think.
it is Newton ID. Bakers intention to
attempt to crystalline public opinion
in favor of eventual cancellation, the
Coolidge attitude on that issue is
worth remembering. 1t was set forth
in a few typically terse phrases in
the Presidents message to Congress
on December 3. 1924, as follows:
I am opposed to the cancella-
ton of our $12 1000, 000, 900 of for
eign debts. and believe it for the
best welfare of the world that they
should be liquidated and paid as
fast as possible. l do not favor
oppressive measures, but unless
money that is borrowed is repaid.
credit cannot be secured in time of
necessity, and there exists besides
a moral obligation which our coun-
.nthn
country can evade. Terms and
conditions may have to conform to
differences in the financial abilities
Of the countries concerned. but the
principle that each country should
meet it's obligations admits of no
differences and is of universal APP
plication.
X K x X
GOV Clifford Pinchot Of Rennsyl-
vania has gone away for 10 days of
fishing and political meditation. While
he is off duty. he's going to make up
his mind what 10 do about the Penn
senatorial situation. After defeat for
nomination in the Republican pri-
maries. Pinchot was nominated by the
Pennsylvania labor party and at this
writing is formally its candidate. He
has not determined whether to make
this independent run or to renOunce
the nomination and remain, at least
nominally, a regular Republican. The
Democrats of the State are naturally
keyed up to high pitch Of interest
over what may be the governors
final determination. If he stays in
the race and polls the full personal
Pinchot following. making correspond
ingly heavy inroads into the normal q.
o. p. vote the cause of Billy" Wilson,
Democratic opponent of Bill Ware,
would be materially enhanced. 1t
might be just the straw that would
break the Ware camels back and
bring about the phenomenon of a
Democratic Senator from the com
monwealth of Quay and Penrose.
Everett Sanders, secretary to the
President. is making long strides to-
ward regained health while sailing
the Spanish Main-the billowy waters
of the South Atlantic and the Car
ibbean Sea. once the playground of
Capt. Kidd and his jolly bucca-
neers. Mr.. Sanders after falling i'll at
Paul Smiths and undergoing a siege
in hospital at Boston, planned to re-
cuperate at Swampscott, where the
Frank w. Stearns place. adjacent to
the 1925 Summer White House. had
been placed at his disposal. But
Sanders doctors recommended a sea
voyage instead SO for the past fort
night the Presidents right.hand man.
accompanied by his wife, has been
aboard the United Fruit liner Zacapa.