Foreign News: Recognition of Debts?

M. Scheinemann, President of the Russian State Bank, arrived in Paris fully authorized to recognize all foreign debts contracted by Tzarist Governments, with the exception of War obligations.

In a nutshell, Russia will repay its debts to France, providing she can obtain at least a ten-year moratoriurm and credits for the promotion of economic reconstruction. She will refrain from supporting Communist propaganda in France and will restore in part the property of French citizens which was nationalized when the Bolsheviki seized power in 1917. The part that the Soviet Government desires to retain as...

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