AUSTRIA’S DEBTS
ALLIES DECIDE TO RELEASE LIENS LEAGUE COMMITTEE EXAMINING PROPOSALS FOR LOANS By Telegraph—Press Association-Copyright. London, March 17. Tho Allied financial experts met the Austrian delegation to-day with the result that. Mr. Austen Chamberlain announces- that. Britain, France, Italy, and Japan have decided for a period of years, to be determined later, to’ release their liens under the Saint Germain Treaty in respect .to the cost of the armies of occupation and reparations provided other interested Governments agree to a similar postponement. The Financial Committee of the Longue of Nations is examining the Austrian proposals for loans. It is now proposed that the League shall determine the gold value of the security, which could be approved under the Ter Meulen scheme, and which the Austrian Government is able to pledge, such as Customs revenue and tobacco monopoly. The League will then issue Ter Meulen bonds against these assets The Allies promise Austria . more coal. —Aus.-N.Z. - Cable Assn. ■
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Dominion, Volume 14, Issue 149, 19 March 1921, Page 7
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158AUSTRIA’S DEBTS Dominion, Volume 14, Issue 149, 19 March 1921, Page 7
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