THE DEBT OF FRANCE.
"A GENTLEMAN'S OFFER." M. CAIIXAUX'S UNDERTAKING. LONDON*, August 11. Tlie French Minister of Finance (M. Calllaux), in an address to English and American journalists, said:— "I make Britain and America a gentleman's offer for the settlement of our debts. I undertake to pay to tho limit of France's capacity. I cannot assume the responsibility of committing France to payments in excess of her capacity." M. Caillaux stated that the Moroccan war had so far cost France 200,000,000 francs.— (Reuter.)
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Auckland Star, Volume LVI, Issue 189, 12 August 1925, Page 7
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83THE DEBT OF FRANCE. Auckland Star, Volume LVI, Issue 189, 12 August 1925, Page 7
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