The Congress: Debt Wrangle

Last week certain Senators felt obliged to find arguments against the proposed U. S.-Italian debt agreement (TIME, Nov. 23).

"America Can Collect." Since the U. S. Debt Commissioners avowedly struck hands with the Italians upon terms declared by the Administration's experts to represent Italy's utmost "capacity to pay," the Democrats were forced to attack the settlement by crying that it represents but a mere pittance of what the U. S. should receive.

Senator Reed of Missouri:

"I can say to the nations of the world that there are a good many...

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