FRANCE: Debt Bubble

In Washington, the World War Debt Funding Commission started to discuss the French War Debt to the U. S., which amounts to more than $4,000,000,000.

In Paris, Premier Herriot thought the whole affair was taking on a too serious complexion, so he issued a statement:

"The talks which have taken place in the last few days between the French Ambassador to Washington and the American Secretary of the Treasury . . . should ... be considered only as ... simple semi-official exchanges of views." The atmosphere became chilly.

In London, however, a storm of...

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