Word: settlement
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Dates: during 1930-1939
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...Consequently, if a satisfactory settlement is reached for debts, the creditor governments will ratify, and the agreement with Germany will then have its full effect. But if such a settlement is not obtained, the agreement with Germany will not be ratified and a new situation will arise and the interested governments will confer on what is to be done. In such an event, the legal position is that which existed before the Hoover Moratorium...
Give up Colonies? Assistant U. S. Secretary of State William Richards Castle Jr. officially stated that ''the American Government is pleased," but Congressmen & Senators who spoke out on the Lausanne settlement last week mostly spoke against cancelling another cent of the nine billions which Europe owes the U. S. in War Debts. Such potent voices as those of Senator Borah (Rep.) and Senator Glass (Dem.) were not heard last week. The Senate tabled and ignored a resolution by Oklahoma's Thomas Pryor Gore (Dem.) demanding whether "the European Powers which are indebted to the United States...
...square with the fact that Manhattan's Stock Exchange - which boomed at news of the Hoover Moratorium last year - drifted fractionally lower last week. In Germany, with a General Election set for July 31 and with Hitlerites slated to make heaviest gains, the Hitlerites blatantly repudiated the Lausanne settlement last week, perhaps for electioneering purposes...
Naturally leading bankers and financiers, in both Germany and the U. S., threw their influence behind the Lausanne settlement, hoping for cancellation all round and a fresh start. Thus Dr. Hans Luther, President of the German Reichsbank, telegraphed congratulations to Chancellor von Papen, and former President of the Reichsbank Dr. Hjalmar Schacht telegraphed the single word, "Bravo...
...gentlemen's agreement." (The House of Commons presently heard exactly the opposite from Chancellor of the Exchequer Chamberlain who said "we have been in touch at Lausanne not only with European representatives but with representatives of the United States. . . .") Twenty-four hours after the Lausanne settlement and gentlemen's agreement had been published in full. Chairman Borah of the Senate's Foreign Relations Committee said: "We have something yet to learn. I am going to wait a while to get the facts." The Senate's lone Farmer-Laborite Minnesota's Shipstead exploded: "If any official...