WAR DEBTS
A BANKER’S VIEWS. Lnited Press Association —By tQectno Telegraph.—Copyright.) , LONDON, January 21. M,r Frederick Goodenough, presiding at the Barclay’s Bank meeting, said that it was becoming, increasingly clear that it was impossible for substantial war debts and reparations to be payable otherwise than in goods, which must therefore he allowed free access to the creditor countries. Hitherto, the receiving of payment had been largely in gold. The position to which international trade has been reducing during the past two years justifies the traditional free trade policy for Britain, as a great creditor nation, but the exigencies of the moment demanded the protection of our markets. The Empire could doubtless lie strengthened by the granting of preferences to certain articles.
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Hokitika Guardian, 22 January 1932, Page 6
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121WAR DEBTS Hokitika Guardian, 22 January 1932, Page 6
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