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Part 5

The Paper Moneys of Europe: Their Moral and Economic Significance · Francis W. Hirst — chapter 5 of 5 · ~41 words · public domain

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The Brussels recommendations have been ignored, and conditions in Europe as regards its currencies, debts, trade and credit have deteriorated. The Naval limitations proposed by Mr. Hughes at Washington, even if they are ratified, will give practically no relief to Europe.

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