Foreign News: Debt to France

After months of negotiations, a Franco-Russian commission which was convened in Paris to find a way of reading some meaning into Russian recognition by France, ended its words, vacated its chairs, dispersed.

When, last year, France recognized Russia (TIME, Nov. 10, FRANCE), that act literally meant only the appointment of ambassadors. A commission was formed to come to an agreement on the debts which France said Russia owed her and the reparations which Russia said France owed her.

Report from Paris had it that the commission recommended: 1) that Russia be asked to recognize 10,000,000,000 gold rubles ($5,000,000,000) or about two-thirds of her...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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