this post was submitted on 15 Mar 2025
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[–] Endymion_Mallorn@kbin.melroy.org 31 points 11 months ago (2 children)

Sorry, that deal was made with the French royal family, not the republic. It's null and void.

[–] smac@sopuli.xyz 8 points 11 months ago

It doesn't matter. The debt was repaid in 1795 by James Swan, a banker who assumed the debt from the U.S.

[–] Madison420@lemmy.world 6 points 11 months ago* (last edited 11 months ago)

If you transfer debts and loans they're still valid, it's what the ussr Russia exchange did.