Word: debts
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Dates: during 1920-1929
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...West Ham, famed constituency of John Joseph ("Jumping Jack") Jones, Laborite M. P., raucous boor. The Guardians of West Ham, ardent Laborites, had been paying "unemployment doles" to able-bodied men on a scale higher than their wages when employed. As a result the community is reported in debt...
Simultaneously M. Caillaux received from Washington assurances that the U. S. will not, in the event of ratification of the Franco-U. S. debt accord, throw any bonds received in payment on the security markets of the world, a possibility under Article VII of the agreement. French fear that Germans might eventually acquire these bonds, thus putting France under a sort of fiscal vassalage to her worst enemies, was thereby allayed. Since this particular "emotional factor" had loomed like a boojum, and threatened to rouse Frenchmen unalterably against ratification, to eliminate it was of paramount import...
...Caillaux's program (TIME, July 19), whereby the Chamber should confer dictatorial power upon the Cabinet for four months to save the franc. M. Caillaux announced that the Cabinet intended to employ this power to make binding once and for all the Franco-U. S. and Franco-British debt agreements, "as is," and without further dickering...
...Public debt interest...
Sinking fund, debt retirement...