Those readers of the New York Times who scan only its headlines received a strong, specific impression when they read last week: DEBT CANCELLATION . . . PROPOSED BY BORAH.

Radio listeners who paid attention to the booming Senator's 3,000 word address heard him say:

"The debts due the taxpayers of the United States for money loaned to foreign governments are just debts. . . . Will reduction or cancellation bring to the people of the United States an equal or greater benefit than the amount which they may collect from the debts?....

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