DEBTS TO AMERICA
“CANNOT BE FORGIVEN” FUNDING BEING CONSIDERED By Telegraph—Press Association— Copyright (Rec. June 19, 5.5 p.m.) Washington, June 18. Cabinet had an all-day sitting considering tho funding of foreign financial obligations. The-Cabinet favours the conversion of promissory notes into longterm bonds, tho interest to be fixed later The American, public will be permitted to subscribe when Europe is stabilised. Cabinet has definitely decided that the obligations cannot be forgiven, but Cabinet is trying to fix the easiest method of payment with justice to American creditors. —-Aus.-N.Z. Cable Assn.
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Dominion, Volume 14, Issue 227, 20 June 1921, Page 5
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90DEBTS TO AMERICA Dominion, Volume 14, Issue 227, 20 June 1921, Page 5
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