Wealth And Income of the American People a Survey of the Economic Consequences
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To quickly assess the difficulty of the text, read a short excerpt:
Whatever be the decision it is certain that this debt ought not to be reckoned as anything but a deferred or doubtful asset in an inventory of the national Avealth.
At the present time there is among American economists and financiers a difference in opinion as to the cancellation of the debt that is owed by European nations to the American government for advances on account of the war. Among the people at large how- ever the sentiment is all but unanimous in opposition to any proposal of that ...nature. Nevertheless it may be foreseen that the force of circumstances will eventu- ally compel such a step irrespective of any likes or dishkes. This may be logically expected as one of the consequences of the immense debt with which the world has saddled itself.
According to 0. P. Austin, of the National City Bank, the indebtedness of the world increased from $43, 362, - 000, 000 in 1913 to $382, 634, 000, 000 in 1921. Interests charges have risen from 1. 5 billion dollars to 15 billion dollars.
What to read after Wealth And Income of the American People a Survey of the Economic Consequences?
You can find similar books in the "Read Also" column, or choose other free books by Walter Renton Ingalls to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Whatever be the decision it is certain that this debt ought not to be reckoned as anything but a deferred or doubtful asset in an inventory of the national Avealth.
At the present time there is among American economists and financiers a difference in opinion as to the cancellation of the debt that is owed by European nations to the American government for advances on account of the war. Among the people at large how- ever the sentiment is all but unanimous in opposition to any proposal of that ...nature. Nevertheless it may be foreseen that the force of circumstances will eventu- ally compel such a step irrespective of any likes or dishkes. This may be logically expected as one of the consequences of the immense debt with which the world has saddled itself.
According to 0. P. Austin, of the National City Bank, the indebtedness of the world increased from $43, 362, - 000, 000 in 1913 to $382, 634, 000, 000 in 1921. Interests charges have risen from 1. 5 billion dollars to 15 billion dollars.
What to read after Wealth And Income of the American People a Survey of the Economic Consequences?
You can find similar books in the "Read Also" column, or choose other free books by Walter Renton Ingalls to read onlineMoreLess
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