FRENCH WAR DEBT.
Payment to Britain Meets Opposition.
POINCARE'S PRINCIPLE
LONDON, February 23. The Paris correspondent of the "Times" states that at a meeting of the Finance Committee of the Chamber of Deputies, M. Malvy, the President, read a letter from the Premier and Finance Minister, M. Poincare, replying to protests against his proposal provisionally to pay to Britain the first £6,000,000 on account of the French war debt. This, in spite of the fact that the Chamber had not
M. Malvy.
yet ratified the Caillaux-Churchill agreement. M. Poincare said he had stipulated that this payment should in no way prejudice the right of the French Parliament to ratify or reject tho agreement. He claimed that as there was no question of France repudiating her debt to Britain he was fully justified in making the payment without the authority of Parliament.
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Auckland Star, Volume LVIII, Issue 46, 24 February 1927, Page 9
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141FRENCH WAR DEBT. Auckland Star, Volume LVIII, Issue 46, 24 February 1927, Page 9
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