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Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
Paris papers report a proposed French decree to ease US debt repayment to France by allowing payment in American products shipped directly in US or French vessels at prime cost, with penalties for non-compliance including confiscation.
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Where did it happen?
Foreign News Details
Primary Location
Paris
Outcome
proposed decree allows debt payment in us productions transported in american bottoms at prime cost; restricts direct imports to american or french vessels under penalty of confiscation.
Event Details
A project of a decree in Paris papers facilitates US debt payment to France via various state productions shipped to France in American vessels and delivered at prime cost. The decree also mandates direct imports of US productions into France only in American or French vessels, with confiscation penalties for violations.