World War I left in its wake an unparalleled amount of international debt. Within a period of 5 years a larger sum of international obligations existed than had been built up by ordinary processes during the whole of the preceding century. These debts were, moreover, inter-governmental in character and resulted almost wholly from the destructive processes of war. At the end of the war there was surprisingly little realization in the world of the all-pervasive and far-reaching political and economic implications of the war debts. Originally published in 1927, this book discusses the amount and origin of each of the debts; the nature of the various negotiated settlements; the changes in national policies which occurred and the issues which remained unresolved at the time of publication.
World War I left in its wake an unparalleled amount of international debt. Originally published in 1927, this book discusses the amount and origin of each of the debts; the nature of the various negotiated settlements and the changes in national policies which occurred.
Recenzijas
Original review of The French Debt Problem:
It is really a comprehensive survey of the economic position and economic life of France in all its more important aspects and contains compilations of valuable material hitherto inaccessible to most American students. James W. Angell, Journal of Political Economy Vol. 34, No. 2 (1926)
1.The Process of Paying an International Debt
2. Germanys Reparation
Obligations
3. Great Britains Debt Policy
4. The French Debt Situation
5.
Italys Debt Problem
6. Russia and Her Debts
7. Debt Problems of the Smaller
European Countries
8. The Extent of American Cancellations
9. Changing
Policies
10. Issues in Suspense. Appendix A: Reparation Documents
1. The Spa
Protocol
2. The London Schedule of Payments,
1921. 3. The New Haven Speech of
Secretary of State Hughes
4. Telegram from Lord Curzon to the British Chargé
dAffaires in Washington
5. Secretary Hughes Reply to Lord Curzons Telegram
6. Final Protocol of the London Conference, 1924
7. The Hungarian Reparation
Program Appendix B: United States Debt Settlements
1. Act Creating the World
War Foreign Debt Commission
2. Amendment to the Act
3. Debt Funding Agreement
with Great Britain
4. Debt Funding Agreement with Finland
5. Debt Funding
Agreement with Hungary
6. Debt Funding Agreement with Lithuania
7. Debt
Funding Agreement with Poland
8. Debt Funding Agreement with Belgium
9. Debt
Funding Agreement with Latvia
10. Debt Funding Agreement with Czechoslovakia
11. Debt Funding Agreement with Estonia
12. Debt Funding with Romania
13.
Debt Funding Agreement with Italy
14. Debt Funding with France
15. Debt
Funding Agreement with Yougoslavia
16. Joint Congressional Resolution
Relative to the Austrian Debt
17. Secretary Mellons Statement on the Debt
Settlements Appendix C: British Debt Settlements
1. The Balfour Note
2. The
British-Russian Treaty
3. The British-Italian Debt Agreement
4. The
British-French Debt Agreement.
Harold G. Moulton (1883-1965) was an American economist and Fellow of the Brookings Institution.
Leo Pasvolsky (1893-1953) was an economist and special assistant to Secretary of State Cordell Hull.
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