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InterWar-Cartoons-Punch-Magazine-Raven-Hill-1922.06.14.463.tif
The Happy Borrower; or, Squaring the Vicious Circle. John Bull. "But why should I lend you anything, when you already owe me a lot?" Germany. "Ah, but you see, I could then pay France my debt, and France could pay you her debt, and so we should all be quits." (an InterWar era cartooon showing Germany requesting a new loan while already in national debt to Britain)