Word: debts
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Dates: during 1920-1929
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...Adopted a resolution directing the World War Foreign Debt Commission to inquire whether any private banking interests had made or were preparing to make a loan to France. Two days later Andrew William Mellon, Chairman of the Commission, replied that he had inquired in all likely quarters and found no trace of such a loan...
...Debt Funding Agreements. The bitterest struggle in House and Senate was over the Italian agreement which provided for only about 25% repayment (of the present value). But the argument that Italy could pay no more carried the day. The Senate finally gave its consent (TIME, May 3) and agreements with Belgium, Czechoslovakia, Roumania, Esthonia and Latvia followed in quick succession (TIME...
French and Jugoslav Debts. This Spring the World War Debt Commission concluded two more debt-funding agreements. One was the $4,025,000,000 French debt proposed to be funded for about 50% of its present value, the other the small debt of the Kingdom of Serbs, Croats and Slovenes. The House approved both these measures and they now wait in the Senate. No further action will be taken on the French Debt until and unless it is ratified by France...
Everything the Treasury can do in the meantime to extinguish its short-term debt will make easier the big operation it must face 27 months from...
...Deputies continued obdurate in their opposition to the Franco-U. S. debt settlement (TIME, May 10, NATIONAL AFFAIRS), though M. Péret declared publicly: "The American Government will not permit a French loan in New York until the question of debts is settled...