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...effect of the passing of the Italian debt settlement was to lay the way open for immediate and favorable consideration of other debt settlements arranged and pending before the Senate: the Belgian, Czechoslovakian, Esthonian, Latvian, Roumanian. Since the chief concessions were made to Italy, it called forth the major opposition of the Progressive Republicans and Democrats. Having won the major issue, the majority was prepared to press to easy victory in the minor events...

Author: /time Magazine | Title: The Congress: Italian Debt | 5/3/1926 | See Source »

...following day in short order the House ratified five other debt-funding agreements. In only one case, that of Belgium, was there any material modification of the standard terms established in the first agreement, with England. In succession the Belgian, Czechoslovakian, Roumanian, Esthonian, Latvian agreements were voted...

Author: /time Magazine | Title: Italian Debt | 1/25/1926 | See Source »

...Latvia parliamentary elections took place amid an orgy of mudslinging, which indignant Latvian conservatives characterized as "almost typically American." Forty-six political parties put 600 candidates in the field. During a mad contest for the 100 vacant parliamentary seats, the art of calumnious oratory was carried to heights seldom or never attained before...

Author: /time Magazine | Title: LATVIA: Election | 10/19/1925 | See Source »

When the Gargantuan tumult subsided, 26 parties had gained seats for one or more of their adherents. Observers remarked that little Latvia may well claim to have more identifiable factions than any other republic. The new Parliament, when it assembles, will be called upon to elect the Latvian President...

Author: /time Magazine | Title: LATVIA: Election | 10/19/1925 | See Source »

While the immensely complicated French Debt settlement was under consideration in Washington, Secretary Mellon announced the conclusion of a very simple agreement similar in kind-but not in intensity. The Latvian Government owes the U. S. for War supplies, and for relief supplies furnished on credit, the sum of $5,132,287.14 To this is added interest amounting to $647,275.62. The Latvian Government agreed to pay $4,562.76 immediately, thereby making the indebtedness a round...

Author: /time Magazine | Title: National Affairs: Latvia's Debt | 10/5/1925 | See Source »

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