Report Outline
Payments on Foreign Debts to Date
Terms of Debt Funding Agreements
Payments During Next 25 Years
Total Payments Due the United States
Present Worth of Debt Payments
The principal of the debt owed to the United States by foreign governments on account of loans made during the war and armistice periods amounted on November 14, the day on which the funding agreement with the Italian government was signed, to $11,014,406,706. Of this total, $7,342,997,268, or 66.6 per cent, was covered by funding agreements negotiated by the War Debt Commission.
Total of Funded Foreign Debts
The nations which have entered into funding agreements with the United States to date are shown, with the amount of their total indebtedness, in the following table.
| Country |
Principal, including funded interest |
Date funding agreement was signed |
| Finland |
$ 8,910,000 |
May 1, 1923 |
| Great Britain |
4,554,000,000 |
June 18, 1923 |
| Hungary |
1,972,883 |
April 25, 1924 |
| Lithuania |
6,045,225 |
September 22, 1924 |
| Poland |
178,560,000 |
November 14, 1924 |
| * Belgium |
416,904,160 |
August 18, 1925 |
| * Latvia |
5,775,000 |
September 24, 1925 |
| * Czechoslovakia |
115,000,000 |
October 13, 1925 |
| * Esthonia |
13,830,000 |
October 28, 1925 |
| * Italy |
2,042,000,000 |
November 14, 1925 |
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7,342,997,268 |
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Funding agreements with the nations indicated thus (*) have not yet been ratified by the American Congress, nor by the parliaments of the nations concerned. |
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