FRENCH DEBT SETTLEMENT
CEITICISED BY SENATE.
(United Press Association—Copyright.) (Australian-New Zealand Cable Assn.) WASHINGTON, 30th April.
The French war ctebt settlement, transmitted by President Coolidge to Congress on Friday last, met with immediate opposition in the Senate, whero a number of Senators made demands that the Finance Committee should made a thorough-going investigation into all the acts of the American Debt Commission. Senator Borah declared: "France is the most prosperous nation in Europe. She has been prosperous for the last three years. If we cannot collect more than 50 cents on the dollar, it is because French citizens are unwilling to pay taxes commensurate with the obligation placed upon them.'' In transmitting the debt settlement, President Coolidge said: "Settlement upon the terms set forth in the agree: ment is fair and just to both nations."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19260503.2.65
Bibliographic details
Evening Post, Volume CXI, Issue 104, 3 May 1926, Page 9
Word Count
135FRENCH DEBT SETTLEMENT Evening Post, Volume CXI, Issue 104, 3 May 1926, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in