Throughout the world last week life seemed to hang suspended on the eve of great events. Between the warring countries, and within them, forces were so closely in balance that positive action anywhere threatened to tip the scales sharply one way or the other. And all over the world statesmen, desperate or sanguine, knew, if the U. S. did not, that the biggest potential source of such positive action was the U. S. For positive acts, which the U. S. has at its fingertips, include not only aid to Britain, but loans...
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