“In April, 1926, France and the United States finally negotiated a war debt settlement at forty cents on the dollar. The [French]… — Liaquat Ahamed Debt settlement Copy Share Image
“Across Europe some 11 million men lay dead, including 2 million Germans, 1.4 million Frenchmen, and 900,000 British. Another 21 million had… — Liaquat Ahamed Copy Share Image
![“In April, 1926, France and the United States finally negotiated a war debt settlement at forty cents on the dollar. The [French] budget was at last fully balanced. Still the franc kept falling. By May, the exchange rate stood at over thirty to the dollar. With a currency in free-fall, prices now…” quote by Liaquat Ahamed](https://sms4smile.com/quotes/i/b17/liaquat-ahamed-110670_debt-settlement_in-april-1926-france-and-the-united-stat_1686051.jpg)
