FRANCE CAN PAY!
REVIEW BY AMERICAN SENATOR. By Cable —.Press Association —Copyright. • LONDON, May 10. The "Observer” publishes a remarkable article by Senator William Borah, chairman of the United States Senate Commission on Foreign Relations, declaring that France is in a better condition economically than any other European nation. She has practically no unemployment, and her people are universally prosperous. Her industrial development since the war has been striking and exceptional. The experience through which she is passing momentarily is due not to economic conditions, but to politics. ' She can, if she chooses, meet her obligations upon fair and reasonable terms.
Senator Borah proceeds to analyse the situation from the American standpoint searchingly, and declares that what the United States desires is merely money which its taxpayers loaned to the Government and which the Government loaned to foreign Governments.
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Timaru Herald, Volume XCVIII, 12 May 1925, Page 12
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139FRANCE CAN PAY! Timaru Herald, Volume XCVIII, 12 May 1925, Page 12
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