The Dawson news. (Dawson, Ga.) 1889-current, 1925-05-26

000000 The principal and accrued IN
terest of the nine nations to which
debt reminders have gone forth as
shown by the treasury records follow:
Country. Prlnclpal. interest,".
Belgium ........ 1877 ,O29,5 $40 $103,474,413
-Slovakia 91,879,671 $500, 424
Fstbonia 13,999,145 3794875
France .......3, $40, 516,042 $4,000 9O5
Greece 15.0O0,000 2625,000
Italy ........,1 GA, 1863, l9z 49O,674,655
Latvia .-..-.--.--- 5,l3L.I8/ I,Id9,o2z
Roumania ...... 36,128,494 10,38O, l67
Tugo Slavia =. 51,037,S86 14,3H,1ll
There are a few other borrowers,
but Instructions regarding them are
to go out later.
Ii is also known to be the belief OF
the administration that if France pro-
ceeds with refunding negotiations the
other eight debtors scarcely can fail to
fall into line, although some OF them
NAV be short OF cash with which to
pay interest now accruing.
$500 900, 600 Yearly in View.
This somewhat sweeping notice that
the United States would like refund
4 ing agreement and little something
. on account will prove an answer, 1t
is pointed out. to the old claim OF
+. certain Frenchmen that their country
\ was being singled out for debt pres
\ sure
II the administration succeeds IN
4 settling with all the important debtor
\ nations on approximately the same
4 basis as that reached by the British
contract more than $500,000,000 a
4 year will flow into the treasury from
d foreign governments, fact which will
\ have a bearing upon future tax reduc-
+ tons
1t now is known to be the foremost
a Of the Coolidge political ambitions to
& square debts which hitherto were re-
n garded as collectable, and to start
a flow OF foreign money toward
q Washington which will aid him in
FL dealing with purely domestic fiscal al
X fairs
Five Nations Have Settled.
1t has been the policy OF two adj
mnstrations to use what money Tor
eign governments might pay on &C
count to reduce the American war
debt But every reduction in that debt
calls for a corresponding reduction IN
congressional appropriations to pay in
terest on liberty bonds and to that ex-
tent enters into the tax revision sltua-
ton
Five of the debtor nations have
reached agreements with the United
States for refunding their outstand-
ing demand notes. They are Great
Britain, Finland, Hungary, Lithunla
and Poland. Poland and Lithunla
have not, however, delivered their
permanent bonds to this government.
The totals of these debts as shown
by treasury records follow:
Great Britain, $4,554, 100000,
Poland, $178, 100000.
Finland, $8,910,000.
-ithunia, $6,030,000.
Hungary, $1,958,412.
Debt Totals $12,151, 238,393.
The grand total of the foreign in
debtedness to the United States as OF
d today is $12,151,238,393
Governments which still owe the
Chted States money, which have not
lundcd their indebtedness nor to which
the latest circular letter of the state
department. has been sent are Arme-
Ma Austria, Liberia, Russia and MIC
aragua.
leaving out the Russian debt,
amounting to $255,147,692, the
amounts due from the other debtors
are comparatively small. No hope is
neid out that Russia will settle In the
near future, if at all, and the foreign
qeot commission doubts if it is posi-
DE to get a settlement out OF the 9TH
/ Ct countries in this last list.
Crisp on Commission.
1t Is intimated in high official quar-
e[S that the United States expects the
aeotor nations to send their negotia-
.ofS to Washington as did the British
ana other nations that have settled.
was pointed out that the American
eoIllnlssion is composed of three cabi-
~ oihcers-the secretaries OF state,
'edsury and commerce-and mem
UeI OF the house and of the senate. 1t
%ould be impracticable for all or any
"o Oh these men to leave Washington
ID conference abroad, it is declared;
REPRESENTATIVE Crisp, of the Third
.s'fict OF Georgia, is the house MEM
u Oh the commission.