THE LEAGUE OF NATIONS: The Assembly's Week

The following matters of importance came before the Fifth Assembly of the League of Nations at Geneva:

Hungary. A report on Hungarian financial reconstruction was read by Commissioner General Jeremiah Smith Jr., of Boston. It was a long recital of the success of the League's plan to put Hungary on her feet. Points made by Mr. Smith: currency inflation definitely ended; stock of exchange had risen from one million Swiss francs to 90 million in the space of a few months; budget deficit for year ending June...

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