FRENCH DEBT TO U.S.A.
AMERICAN CONCESSION. NEW YORK, January 14. The “New York Times’s” Washington correspondent says that the blanket prohibition against the flotation of French securities in this country, which has been in force for over three years as the result of failure of France to fund the war debt to the United States, has been lifted by the State Department, in-so-far as it concerns French industrial loans. Tt is understood that the action was taken independently by the United States as an earnest indication of America’s friendship to France. It is hoped that the French Parliament will ratify the Mellon-Rerenger debt agreement, after the French general election.
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Grey River Argus, 17 January 1928, Page 5
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109FRENCH DEBT TO U.S.A. Grey River Argus, 17 January 1928, Page 5
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