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Final Settlement Of Lend--Lease Accounts

WABHIN GTON, July 15. The Fnited States has further redueed by M5, 000, 000 dollars the bii! presented to Britain for the settlemeu. of its original 14.000, 0(10, t)()0-dolla! Lend-Lease account. Tlie4 debt, which now stands at (i 15,000,000 dollars, 1st'lieduled to be paid olf in 50 annua! settlenien'ts beginiriiig 011 July 1, 1051. Tlie tinui setllemept which was signed on July 12 and published today coverall Fnited States and British elaims and eounterclaims arising from th? war. Oflieials said tlie final estimated value of Britain 's reverse l.cnd-Loasc nid to tlie Unifed States was abotit !,.*> 00,000,000 dollars.

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https://paperspast.natlib.govt.nz/newspapers/CHRONL19480717.2.27

Bibliographic details

Chronicle (Levin), 17 July 1948, Page 5

Word Count
103

Final Settlement Of Lend-Lease Accounts Chronicle (Levin), 17 July 1948, Page 5

Final Settlement Of Lend-Lease Accounts Chronicle (Levin), 17 July 1948, Page 5

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