How did american made more dept with france
Answers
Explanation:
History of French Debt to the United States
The French debt to the United States amounted on November 15, 1924—six years after the armistice—to $4,137,224,354.57.Footnote * Next to Great Britain, whose debt (funded in 1923) amounted to $4,577,000,000, the debt of France is the largest owed to the United States by any foreign power. Italy stands third with a debt, principal and accrued interest, of $2,097,347,122.82.
Amount of the French Debt
The status and amount of the French debt to the United States are summarized in the following table:
French obligations received by U. S. treasury under Liberty Loan acts $2,997,477,800.00
Less repayments made in adjustment of accounts 64,306,127.52
$2,933,171,672.48
Demand obligations (unfunded) held by U.S. treasury, November 15, 1924 $2,933,171,672.48
Accrued interest to November 15, 1924 796,711,537.08
Bonds received by Secretary of War in payment for surplus war supplies 407,341,145.01
(interest on war-surplus bonds has been regularly paid)
TOTAL DEBT $4,137,224,354.57