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Updated: June 17, 2025


The Treaty fixes the payments in terms of gold marks, which are converted in the above rate of 20 to $5. If, per impossibile, Germany discharged $2,500,000,000 in cash or kind by 1921, her annual payments would be at the rate of $312,500,000 from 1921 to 1925 and of $750,000,000 thereafter.

We make it a point to clean their latrines and their mud-thatched huts. The villagers are illiterate; they cannot be educated except by example!" She laughed gaily. I looked in admiration at this highborn Englishwoman whose true Christian humility enables her to do the scavengering work usually performed only by "untouchables." "I came to India in 1925," she told me.

Auhagen came to this country in 1923 and worked as a mining engineer in Pennsylvania. From 1925 to 1927 he was with the Foreign Department of the Equitable Trust Co.; then became connected with Columbia University in 1927. He is not an American citizen and constantly refers to Germany as "my native country."

In his sesquicentennial address delivered at Cambridge, Massachusetts, July 3, 1925, President Coolidge related this incident which gives us Cornwallis's estimate of the importance of the Trenton victory: "It is recorded that a few evenings after the surrender of Lord Cornwallis at Yorktown a banquet was given by Washington and his staff to the British commander and his staff.

"These figures show that our Country may be as populous as Europe now is at some point between 1920 and 1930 say about 1925 our territory, at seventy-three and a third persons to the square mile, being of capacity to contain 217,186,000.

Platts 1925 N.Z.L.R. 864 confirm that if an order for costs has been made by a Commission acting without jurisdiction or failing to comply with procedural requirements the Court will by writ or prohibition or other appropriate remedy prevent its enforcement.

The next renewal should be in 1925, unless in the meantime an international agreement to which all Great Powers are signatories should render it superfluous. The war in the Balkans need only be referred to in these pages in so far as it concerns Germany.

Pen in one hand and a scrap of paper in the other, on his face a vast, winning, warm-hearted smile! "Welcome!" he scribbled in Hindi; it was a Monday, his weekly day of silence. Though this was our first meeting, we beamed on each other affectionately. In 1925 Mahatma Gandhi had honored the Ranchi school by a visit, and had inscribed in its guest-book a gracious tribute.

Their total business in 1925 amounted to approximately $2,400,000,000, compared with $635,800,000 in 1915. Legislative action to assist cooperative associations and supplement their efforts was passed at the last session of Congress. Important credit measures were also provided by Congress in 1923 which have been of inestimable value to the cooperative associations.

Callable bonds have been refunded and paid, so that during this year the average rate of interest on the present public debt for the first time fell below 4 per cent. Keeping the credit of the Nation high is a tremendously profitable operation. The immediate fruit of economy and the retirement of the public debt is tax reduction. The annual saving in interest between 1925 and 1929 is $212,000,000.

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