Filipino Finance

Further reasons why the War Department is little likely to heed the demand of the Philippine Independence Commission (TIME, Aug. 6) for the removal of Governor General Wood came to light. They have to do principally with Filipino finance. W. Cameron Forbes, speaking at the Williamstown Institute of Politics illuminated part of the situation. The rest was lit up by General Wood himself in a report just published.

Mr. Forbes is especially well qualified to speak on the Philippine situation because of service in the Philippine...

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