There are still more who have written off princely debts and do not seem to be a "ha'p'orth the worse."

If there has been any more general principles developed in the legislature, it has been a promptly debt paying, and a not promptly debt paying partya non divorce, and a divorce party.

Czeko-Slovakia and Poland unwillingly indeed fought against the Entente, which has raised them to free and autonomous States; and not only have they no debts to pay, being now in the position of conquerors, or at least allies of the conquerors, but they have, in fact, scarcely any foreign debts.

A private borrower pays for the use of the money, and similarly the debt of the United States is largely interest-bearing.

But the Statist's figures, in variance to the official figures, include other debts than strictly war debts.

The duty suggested on tea and coffee and the graduation and reduction of the price of the public lands would secure an additional annual revenue to the Treasury of not less than $3,000,000, and would thereby prevent the necessity of incurring a public debt annually to that amount, the interest on which must be paid semiannually, and ultimately the debt itself by a tax on the people.