With the foreign debt-funding agreements arrived at during last summer and fall going through Congress, the World War Debt Funding Commission, headed by Secretary Mellon, met last week.

Greece. The Greek Debt Mission credit to the extent of $15,500,000. The Greek mission asked last week to borrow the other $32,500,000 of the credit before making a funding agreement. The American Commission, startled, prepared a formal explanation setting forth how hard it would be to get Congress to accept such a proposal.

Jugoslavia. The Jugoslavian Debt Mission,...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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