Repudiated Indebtedness of American States

Archive Report

The proposal that the foreign indebtedness repudiated by various American states during the last century be made the basis of claims by European governments for reductions in their war debts to the United States was originally brought forward in the British Parliament in 1922 when negotiations were in progress at Washington for the funding of the British debt. Discussion of this proposal has recently been revived in the British press and is now being carried on in the Continental press with critical comment upon the present attitude of the United States toward debtor nations.

The repudiated indebtedness of American states to foreign investors is not large by comparison with the debts owed to this country by European nations, nor are claims on account of this ...

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