Word: debts
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Victor Henry Berenger did what he was sent to do?make a debt funding agreement between his country and the U.S. He did what Caillaux failed to do last year. But it remains to be seen during the next few weeks whether he has pleased in performance...
...French debt agreement was in many ways the most difficult problem ever faced by the American Debt Funding Commission: 1) It was the second largest debt, amounting to $4,025,000,000; 2) The amount to be paid was not simply a matter of financial capacity (as in the case of Italy) but of finding out what could be got out of a nation whose temperamental and political difficulties are such that at the end of eight years since the War its budget does not even balance; 3) France's political and economic importance made it essential that a practical...
That France should make payments beginning at $30,000,000 each for the first two years and advancing gradually to $125,000,000 in the 17th year, and continuing at that level to the end of the usual 62-year period for paying War debts. No "safeguard"; clause (exempting France from payments in case Germany fails in reparations payments), such as was demanded by Caillaux, was mentioned. The total payments in 62 years are to amount to $6,847,000,000 in principal and interest. The interest is calculated as none for five years, 1% for the next ten years...
...compact was hardly made before it was attacked in the Senate by the same group which attacked the Italian debt settlement. Senator James A. Reed of Missouri was particularly vigorous. He subjected Senator Smoot to a grilling examination on how the agreement was arrived at. He fiercely attacked the conduct of the American commission in making the agreement...
...products of the Harvard Press which have been picked for exhibition are "The Essays of Montaigne," translated by George B. Ives '76, "A Gorgeous Gallery of Gallant Inventions," edited by Hyder E. Rollins, "The Passports Printed by Benjamin Franklin at his Passy Press." "Shakspere's Debt to Montaigne," by George Coffin Taylor '99, and "Bruce Rogers: Designer of Books" by Frederique Warde...