All the world's a stage. Last week the U. S., France and Britain occupied a prominent position before the footlights and sang lustily an opera called "Debts" from the great composer, the World War.
Taking the U. S., Britain, France, Italy, Russia as representing the principal debtor and creditor nations, the debt situation, complex at the best, resolves itself into the following:
The U. S. owes nothing.
Britain owes the U. S. about $4,500,000,000.
France owes the U. S. about $4,000,000,000, Britain about $3,000,000,000.
Italy owes the U. S. about $2,100,000,000, France about $175,000,000, Britain about $2,750,000,000.
Russia owes the U. S. about $250,000,000, Britain...
