Foreign News: Appointed

W. P. G. Harding, ex-Governor of the U. S. Federal Reserve Board, was unofficially appointed High Commissioner of the League of Nations to control Hungarian finances under the League's loan plan (TIME, Dec. 31).

The administration of Hungarian finances is to be run upon similar lines to Austria, who, under High Commissioner Zimmermann (Rotterdam Burgomaster) has shown remarkable prog-ress toward financial rehabilitation.

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