The Rector of Copenhagen University, Dr. Lauritz V. Birck, erudite Danish economist, spoke last week as follows:

"I think it would ease Europe considerably if Germany would make a jump into the abyss and declare that out of the Young Plan payments she will pay only $144,000,000, which is secured by the German national railroads' income, and no more. England, and particularly France, would begin to rattle their swords, but I doubt whether they would again occupy German territory. After a fortnight's rattling they would inform America they were unable to pay what...

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