The Congress: Debts

The question of ratifying or rejecting the six debt-funding pacts recently made by the World War Debt Funding Commission was last week put before the House. The Ways and Means Committee reported agreements with Czechoslovakia, Esthonia, Latvia, Roumania, Belgium and Italy. Two reports were made, both by Democrats.

Representative Crisp made the majority report favoring ratification because he is one of the members of the Debt Funding Commission. Representative Cordell Hull, also a Democrat, made the minority report objecting vigorously to the...

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!