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Finance Minister Joseph Caillaux was reported to have said to U. S. Ambassador Myron T. Herrick that the French Government might be able to pay the U. S. Government $100,000,000 a year, provided that such payment was understood to depend on French receipts from Germany under the operation of the Experts' Plan, without which France would not be in a position to pay anything. This suggestion (not to be regarded as an offer) was forwarded to Washington and a reply was anxiously awaited. It was understood, however, that any definite action would follow only on the settlement...

Author: /time Magazine | Title: FRANCE: Debt | 5/18/1925 | See Source »

...financial eyes fixed Finance Minister Joseph Caillaux with a world stare. With the British back on a gold basis (see Page 6), what did he intend...

Author: /time Magazine | Title: FRANCE: Cynosure | 5/11/1925 | See Source »

...Caillaux did not answer at once. On two occasions, he received U. S. Assistant Secretary of the Treasury Garrard B. Winston (on one occasion accompanied by U. S. Ambassador Myron T. Herrick) but, for the most part, he shut himself up in his departmental office and refused to be seen. Then came strange rumors of financial "novations" and "painful financial penance." Finally, the Finance Minister spoke...

Author: /time Magazine | Title: FRANCE: Cynosure | 5/11/1925 | See Source »

Foreign developments again demanded attention in financial and business circles. Just as the Hindenburg election eclipsed in public opinion the French financial scandals and the resurgence of M. Caillaux, so the German election was ousted from public attention, last week, by the momentous action of Britain in resuming the gold standard (see below; also COMMONWEALTH...

Author: /time Magazine | Title: Business & Finance: Current Situation: May 11, 1925 | 5/11/1925 | See Source »

...semi-officially announced that Finance Minister Caillaux will pay an early visit to Chancellor of the Exchequer Winston Churchill at London...

Author: /time Magazine | Title: Foreign News: Debts | 5/4/1925 | See Source »

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