FRANCE’S FINANCIAL OUTLOOK
PAYMENT OE WAR DEBTS MUST HAVE TIME (JBy Electric Telegraph.—Copyright.} (Australian & N.Z. Cable Association.) PARIS, Ocl. !2. A high authority in I lie Finance, explaining France's financial outlook, says (here is not the slightest possibility of Franco "meeting any portion of her war debts or interest thereon during the next four years, as all receipts must be devoted *o rebuilding the devastated regions. France could not accept the suggestion that her promise In pay on demand bo replace;! by a series of securities fixing definite dates of repayment of principal and interest. France is earnestly seeking a formula for the settlement' of European debts and reparations, and will probably submit a detailed scheme to the inter allied financial conference at Brussel Is, suggesting fixing Oemianv’s indebtedness on the. basis of reparations only..wiping out pensions and allotment claims. lh ,B reduce Fiance’s claim by a quaiTei*. _
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Nelson Evening Mail, Volume LVI, 14 October 1922, Page 5
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148FRANCE’S FINANCIAL OUTLOOK Nelson Evening Mail, Volume LVI, 14 October 1922, Page 5
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