The Archive · 1925

FRANCE'S WAR DEBTS

Satisfaction in America Over Caillaux's New Move Washington, Sept. 14.

The American debt Commission received considerable satis faction from the news from Paris that M, Caillaux is leaving for the United States fully authorized to negotiate a debt. settlement subject only to ratification. by the French Yavliament, One member declares that the announcement has cleared the atmosphere and that no member had any doubt that France aucans business.

Regarding the reports that France} was able to liquidate her debt Fait-of-one per cent,, Mr. Winston, ing interest at the rate of one-

ry of the American Debt Funding Commission, expresses the opinion that this ' rate must have referred to the initial payment made by several Powers under the 62 years settlement plans and increased after the first year—Reuter's American Servi

Text read from the printed page and cleaned; old type leaves the occasional error.

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