A French debt mission, composed of MM. Barnaud, Roussel, Thion (TIME, Aug 3), arrived in London, began to negotiate a settlement of the French War debt to Britain, long outstanding.
Britain, with an original War debt to the U. S. of $4,604,128,085 (now several millions greater because of interest), said in 1922 through Lord Balfour that she would collect from her Continental debtors (including Germany) a sum equal to her own War debt to the U. S. This was another way of telling
Europe that Britain "is willing to cancel all War debts, but, since...
To continue reading:
or
Log-In
