Lenient Debate Over French War Debt Interest
Washington officials weigh reducing accrued interest on France’s WWI debt as talks with Finance Minister Caillaux approach. The five percent rate may be adjusted, with U.S. experts eyeing leniency while preserving the principal of about 3.34 billion dollars. Italian ambassador De Marinis notes arrival of his debt commission around October 20.
MENTIONED IN THIS ARTICLE
Treasury
Caillaux
Giacomo de Martino
Mellon
Mel- Yon
American Commission
Rance
Great Britain
Indictments Ordered for Every Mob Member in Asheville
Judge John Oglesby ordered indictments for all mob participants who stormed Buncombe jail to abduct Alvin Mansel amid a reported assault on a white woman. One arrest made a woman held on petition charges. militia dispersed after mob rumors surfaced. authorities expect further arrests.
MENTIONED IN THIS ARTICLE
Asheville
N. C
John Oglesby
Superior Court
Buncombe County
Alvin Mansel
Sunset Mountain
Charlotte
State
Public Safety
Barrett
Two Etheridges Held on Murder Charge at Gray Hearing
In Gray Georgia Judge J C Barron committed Atkinson Etheridge and Grover Etheridge to Jones county superior court on a murder charge for the Aug 28 slayings of Floyd Malone and Deputy Frank Tucker. Austin Pitts testified to threats against officers and to prior still destruction. The defense offered no testimony.
MENTIONED IN THIS ARTICLE
Gray
Gray, Ga
J. C. Barron
Gray City Court
Atkinson Etheridge
Grover Etheridge
Jones County Superior Court
Floyd Malone
Frank Tucker
Austin Pitts
Etheridges
Jones County
Tucker
Joe Ben Jackson
New
Pitts
W. A. McClellan
Jim Balkcom
James
Etheridge
Mont Wood
Henry Jones
Mr. Jones
Homer Green
Green
Macon
French People to Do Financial Penance in Stabilizing of Franc
Paris reports that holders of French government and city bonds will shoulder a substantial loss to stabilize the franc if revalorization proceeds. Officials cite a permanent shrinkage in paper franc purchasing power, with estimates of 60 to 100 billion francs in additional contributions and a value drop to about 25 centimes per gold franc. The reform aims to raise exchange values toward 1.5 per pound and 1.4 per dollar, but peasants and retired workers face the largest impact while bonds may fall sharply in real terms.
MENTIONED IN THIS ARTICLE
Paris
Cork
M. Caillaux
Aillaux
France
Germany
Jage J
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