LOANS FROM AMERICA.
WAR ADVANCES TO FRANCE. FURTHER CREDIT SOUGHT. By Telegraph.—Pre** Assn.—Copyright. Received Feb. 22, 8.50 p.m. Washington, Fel. 21. Mr. Nicholas Kelley, Assistant-Secret-ary to the Treasury, who is in charge of foreign loans, told the Judiciary Committee that France asked for and received an additional 300,000.000 dollars credit from the United States in April, 1919, to cover outstanding commitments to the United States and Britain. Mr. Kelley declared that the United States financed the return of Czqcho-Slovak troops from Siberia. 'Senator Reed attacked, the grants, asking why the United. States paid France’s debts after the fight had ceased. Mr. Kelley said France wanted 68,000,000 dollars to cover a British claim against her, but it was decided that only 18,000,000 dollars were necessary, and the United States advanced this, leaving a 50,000,000-dollar credit, from which France is now seeking to obtain 21,000,000 dollars.—Aua. and N.Z. Cable Assn.
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Taranaki Daily News, 23 February 1921, Page 5
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148LOANS FROM AMERICA. Taranaki Daily News, 23 February 1921, Page 5
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