Word: young
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Dates: during 1920-1929
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...Majesty's Exchequer, as he bristled and battled last week at The Hague. What he wanted was for twelve nations to reopen the question of how German reparations are to be divided among the creditor powers. That question was closed at Paris (TIME, May 13. et seq.) when the Young plan was drafted by the countries' foremost financiers. In presenting their handiwork to European statesmen. Owen D. Young and his colleagues described it as "an indivisible whole," declared that to be workable it must be adopted in toto as drafted. Last week the declaration of a Morgan, a Young...
...queer tussle. M. Briand is at least three times as great in girth as the frail Yorkshireman, and nine years his senior in statecraft. The Latins, supported by Japan and with Germany's blocky Foreign Minister Dr. Gustav Stresemann neutral, were in solid phalanx pressing for adoption of the Young Plan unchanged. They were satisfied with the size of their pieces of sponge cake. Since Britain wanted more?since she wanted some of their cake?there was battle royal. In four smashing rounds Battling Snowden led with logical lefts and sarcastic rights, followed with a walloping ultimatum. He stooped...
Round One. Cornered and isolated from the start, Chancellor Snowden said with a twisted smile: "If the Young Plan could be adopted by majority vote, I suppose it would be carried today, but fortunately adoption must be unanimous...
...first and only conciliatory point the Yorkshireman said that there was nothing wrong with the size of the sponge cake, with the total fixed by the Young Plan for Germany to pay. That part of the plan he was ready to adopt. But he objected strenuously to: 1) the scaling down of the British Empire's share in German reparations to 18%, whereas under the Spa agreement of 1923 she was to get 22%; 2) the allotment to France, Belgium and Italy of nearly all the sums "unconditionally" pledged by Germany "in kind" (i.e., in commodities like coal...
Declaring pungently that Great Britain is tired of being "Europe's henpecked husband," Chancellor Snowden demanded that the conference take steps to modify the Young Plan in accordance with his wishes. Trembling with earnestness, clutching the heads of his canes until his knuckles showed white, his hurled his ultimatum: "I have behind me the unanimous support of my government, the support of the House of Commons, irrespective of the party in power, and the support of the entire population of Great Britain. I speak frankly. I cannot compromise...