Word: payments
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Dates: during 1920-1929
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...back on her old security plea. Briefly her position is: She cannot pay debts unless she receives reparations from Germany; she cannot make any plans to pay debts over a long period unless she has adequate security against German aggression. The specific objection to the British suggestions for debt payment is that the less Germany pays, the more France must pay; hence France must be in a position to exert any necessary pressure upon Germany...
...commit the U. S. to enforce the Experts' Plan if Germany should default, that it had nothing of the nature of a treaty, that it was merely an executive agreement whereby the U. S. is to receive money owing from Germany by getting a share of the reparations payment...
...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...
...during 62 years while the principal was being paid up. Meanwhile, the U. S. which borrowed the money to lend to Britain, is paying a greater amount of interest on its own obligations. The following table shows the comparative amounts of interest on the 62 year payment plan...
...Economy of Human Energy", by Professor T. N. Carver of the University, has just been published by MacMillan and Company. In it Professor Carver sets forth his ideals about human production and its payment, for which he feels all men should work...