Word: moratorium
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...London, August, 1922: Germany asked for a new moratorium. (Germany asked for a four years' moratorium; four months was granted August...
...Cannes, January, 1922: Allies granted Germany a short moratorium and asked her to submit a plan of financial reform...
...reserve. Much anxiety is being evinced in Paris over the trend of British policy in connection with reparations settlement. It is known that Premier Baldwin will base his plan on the 62-year settlement of the British war debt to the United States, that he will strongly back the moratorium demanded by Germany and that he will limit the maximum demands on Germany to about...
...presentation of the negative case two chief arguments were emphasized; first, that Germany at the present time is unable to pay, but given a moratorium payment will be possible in the future, and second, although Germany is in no way free guilt, payment should not be forced in view of the economic consequences of such a policy...
...these conditions are accepted, the French will continue to hold "productive guarantees", and a much longer moratorium will be granted. During this Germany may find time to collect the two months' coa! supply which she has succeeded in removing from the Ruhr in her retreat...