ALLIES’ DEBT TO U.S.
PRESIDENT DROPS FIGHT. COMMISSION TO REPORT. (Received 15. 9.0 a.m.) Washington. October 14. President Harding has dropped the fight to have Mr. Mellon, Secretary of the Treasury, given whole power to fix the terms under which America’s war loans are to be collected from Allied Powers. The President has intimated that he will be satisfied if Congress passes a Bill creating a commission to negotiate with the Allies. AN KUILIER MESSAGE. An earlier message stated that Mr. Mellon, Secretary of the Treasury, announces that all foreign loans will be funded into long-term bonds, bearing 5 per cent, interest.—(A. and N.Z.) 1
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Bibliographic details
Hawke's Bay Tribune, Volume XI, Issue 241, 15 October 1921, Page 5
Word Count
105ALLIES’ DEBT TO U.S. Hawke's Bay Tribune, Volume XI, Issue 241, 15 October 1921, Page 5
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