A question was asked a while ago about the ability of these nations to pay. The Senator. I think. has made an analysis of the amount of money collected from Americans through the tourist method and through immigration and through payment of freight on foreign vessels. and then he mentioned the triangular exchanges. where we buy from South America and pay money. and with that money South America buys from these countries. So there is sufficient American money going to these countries to take care of this debt easily. I will frankly say that I would rather cancel the debt. however. than to think about abandoning our method of collecting customs duties on the basis of protecting American labor.
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immigration