In This Review

America's Experience as a Creditor Nation
America's Experience as a Creditor Nation
By John T. Madden, Marcus Nadler and Harry C. Sauvain
Prentice, 1937, 333 pp.

An examination of the effects of American foreign lending since the war, by three professors in New York University. Their book reveals inter alia that on the whole the United States did not lose on its foreign investments and that at present we are, on the portfolio side, no longer a creditor nation.