INTERNATIONAL: Debts

The note which the ingenious British Chancellor of the Exchequer, Winston Churchill, sent to France (TIME, Feb. 16) started a teacup storm in the latter country and Italy.

France. La Liberté, Paris journal, summed up neatly the reaction of France to the British note:

"America is responsible for it all. The English note says clearly she wishes to be paid only what America claims from her. We appreciate the nuance that England gives the affair—namely, that so far as she is concerned she remembers all about the common cause. Anyhow, that ought to...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!