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...Agreements for funding the War debts of Lithuania and Poland to this country, having been negotiated, will be up for approval? probably without opposition. However, there will, very likely, be a controversy over the unfunded debts. Three large debtors??? France (four billion dollars ), Italy (two billion dollars) and Belgium (450 million dollars) have not yet made an agreement for repayment. The life of the World War Foreign Debt Commission (members include Secretaries Mellon, Hughes, Hoover, Senator Smoot, Representatives Burton and Crisp, one-time Representative Richard Olney) must be extended if it is to continue its efforts for refunding. Alternative...

Author: /time Magazine | Title: THE CONGRESS: The Program | 12/1/1924 | See Source »

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