STERLING EXCHANGE.
♦ A STATEMENT DENIED. (By Cable—Press Association—Copvrieht.l (Australian and N.Z. Cable Association.) (Rcccived January sth, 9 p.m.) NEW YOIIK, January 4. Mr Watson, British ncting'ConsulGeneral, has published a statement from tho British Treasury, pointing out that Sir George Paish does not represent the British Treasury, and that Britain does not contemplate borrowing a single dollar for tho purpose of loaning money to Europe. [Sir George Paish, interviewed in New York, said that tho United States must extend England a large long-time loan, because England was buying in tho United States extensively, and re-selling practically all to Europe. Bankruptcy threatened Europe if sucli a loan was not furnished. Sir George Paish stated that he hoped to bo able to improve the exchange rate bctweer the United States and England.]
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Press, Volume LVI, Issue 16724, 6 January 1920, Page 7
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129STERLING EXCHANGE. Press, Volume LVI, Issue 16724, 6 January 1920, Page 7
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