16 JANUARY 1926, page 1

44.-nce More The Government Is Immersed In Negoti Ations For

receiving payment of a foreign debt. Such transactions are always difficult and always unpleasant. Money brings honour, friends, conquest and realms "— but it may also lose......

Count Volpi, When He Visited Washington, Agreed To It...

settlement for the Italian debt .to America---4 roughly £419,000,000—by which Italy will pay £6,000,000 a year:: If Great Britain acted on the American tenni Italy would pay us......

Britain To Pay The Money Which We Had Borrowed Frorri

her on behalf of our Allies, and since then we have rediiCeil our demands to a formula, which is to obtain as much frinh our Allies and from Germany as we owe to America_ on our......

Altogether, If Great Britain Accepts As Low A Sum As

£9,000,000 a year from Italy our debtor will have escaped lightly. These are hard and (let us repeat the word) unpleasant facts. We are certain that the settlement will,......

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