Word: owes
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...which the United States is greatly concerned, is settled satisfactorily, the Americans will not lift a finger to help Europe further." It was clear from Dr. Schacht's other remarks that he meant by "helping Europe" a voluntary scaling down by the U. S. of what the Allies owe in War debts, thus permitting them to scale down what Germany owes them under the Young Plan. "The Americans are the only people," continued Dr. Schacht warmly, "to whom Germany may look for some possible initiative toward revision of the Young Plan...
...advertisement : an open letter to the President with World's Work noted as sponsor, and with surrounding spaces left blank for endorsers' names. Excerpts: ". . . our financial and industrial foundations stand broader and firmer today than at any other time in our history. We believe the American people owe this achievement to ... your sane and progressive leadership. . . . We . . . express our deep gratitude for what you have accomplished during the past year and . . . assure you that you will have in the continuation of your policies . . . the unqualified support of all Americans who, regardless of party or of special interest, have...
...reference to the so-called "Reparations Bonds'' or ''Young Plan Bonds" (German Government 5½s). Generous though the U. S. may be to the Allies (who owe her war debts), generous though they may be to Germany (who owes them Reparations), the German treasury is still pledged on a business basis to pay interest and principal to holders of these bonds who, like Mr. Young's creditors, will doubtless prove "very hard-hearted." The fact that German 5½ have markedly declined (see p. 19) means merely that .there is some uneasiness lest Germany...
...writer goes on to say that the list is made up each spring from the graduates of about four well known preparatory schools, that the Harvard Deans are forced each year to beg Boston hostesses to exclude Freshmen, and that a large number of departing students each year owe their hegira to over-active social duties...
...result is one of those famous 'vicious circles.' Even in case our export trade yielded us a surplus sufficient to pay the three billion marks we owe every year, our creditors would still be paying out of their own pockets a large part of what they were collecting from us. This indisputable fact in my opinion, leads to only one solution. We cannot keep up for long meeting the demands of the Young plan...