Through the U. S. mails, last week, went a fat letter. It was addressed to President John Grier Hibben of Princeton University and signed by Secretary of the Treasury Andrew W. Mellon. It contained Air. Mellon's theory of foreign debt settlements and a systematic rebuke to the academicians of Princeton and Columbia who recently urged a reconsideration and revision of the debt pacts. Soon President Hibben replied, and amid the clash of opinions facts became cloudy. But the following facts, as stated by Secretary Mellon, were not challenged:
Nature Of The Debts: Were the...
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