ALLIES’ RESOURCES
FOREIGN INVESTMENTS IMPRESSIVE FIGURES (British Official Wire-loss.) Reed. 9 a.m. RUGBY, Dee. 16. In view of the importance of overseas investments as a source of strength to the Allies in the struggle with Nazi Germany, publication in the current number of the quarterly, Economic Journal of the results of Fir Robert Kindersley’s investigations into British overseas “investments in It 38, has aroused great interest. Sir Robert Kindersley has been conducting these investigations over the past 11 years, and his conclusions rre recognised as authoritative and accepted bv economists and statisticians as the basis for other statistical sludies. According to his calculations for 1938, there was not a repatriation of capital amounting to £10,000,000. While the nominal value of foreign securities held by the British owners declined by £01,000.000 the total remained at the impressive figure of £3,692,000,000.
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Gisborne Herald, Volume LXVI, Issue 20123, 18 December 1939, Page 11
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139ALLIES’ RESOURCES Gisborne Herald, Volume LXVI, Issue 20123, 18 December 1939, Page 11
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