Word: paris
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...Captain G. M. Garro-Jones (Conservative) asked the Government if it were insisting on pari passu treatment with the U. S. in the matter of War debt payments, and if France and Italy had not defied Britain's contention that they should not make separate settlements with the U. S. Lieut.-Col. Walker Guinness (son of the stout and beer manufacturer, Lord Iveagh), Financial Secretary of the Treasury, replied: "The gallant gentleman is under a misapprehension...
...question, said he had no information, other than had appeared in the press, concerning the "round robin" which the U. S. Government had sent to its foreign debtors. Mr. Guinness made it clear, however, that Britain would expect payments to the U. S. by her debtors to be accompanied pari passu (simultaneously and equally) by payment to Britain...
...advantages to Britain are not at all clear but, as regards the U. S., the settlement of the Anglo-French debt question will permit France to say exactly what can be done to pay off her U. S. obligations. The rate of payment, if Mr. Churchill's famous pari passu declaration (TIME, Dec. 22) is adhered to, will not, to begin with, exceed the rate at which France is repaying her British debt...
...settlement of the French War debt, Mr. Churchill stated in plain terms the attitude of His Majesty's Government. '"We consider it essential," he stated, "that any payments made by our debtors in Europe to their creditors in the United States should be accompanied simultaneously and pari passu [with equal pace] by proportionate payments to Britain." (Cheers...
...many refinements which have been made upon whether this does or does not mean getting sucked into the League of Nations are cast aside by the second provision. The latter provides for a gradual widening of American cooperation with the League which would lead eventually to membership pari passu with the enactment of those reservations upon which a large number of the public has generally agreed. The plan seems fortunately conceived both in conciliating public opinion and in initiating an important step forward. But if it does no more than rouse the thought processes of the rank and file...