ITALY FUNDS DEBT, PAYS $2,407,000,000 TO US IN 62 YEARS; Payments Start at $5,000,000 for the First Five Years, Rising Gradually to $80,000,000. INTEREST UNDER 1 P.C. Terms Are the Most Lenient Granted, Less Proportionately Than Caillaux Offered. APPROVED BY COOLIDGE Ratification by Congress Is Expected as Being the Maximum That Italy Could Pay. ITALY FUNDS DEBT, PAYS $2,407,000,000
By Special to The New York Times
Agreement reached; Italy to pay $2,407,000,000 in 62 yrs; details of terms; approved by Coolidge; comment by Italian-Amer leaders of N Y
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