DOMINION’S OFFER
TO GREAT BRITAIN REASSUMPTION OF. LIABILITY. (Per Press Association — Copyright.) WELLINGTON, December 19. The New Zealand Government has offered the British Government to reassume her liability for payments under the funded war debt, if concession | to the Doimnion were granted on the assumption by Britain of the continued moratorium on war debts by the United States. A cable to this effect has been dispatched to Mr J. H. Thomas (secretary of the Dominions) by Lord Bledisloe. Announcing the Government’s decision the Hon. J. G. Coates said “the Government is convinced, that the people of New Zealand would not wish to strain the generosity always so freely extended, of the people of the United 1 Kingdom, who are facing difficulties perhaps even greater than tho s confront this Dominion. They have accordingly felt it advisable to inform His Majesty’s Government in the United Kingdom that, if the United Kingdom’s offer to continue the postponement of payments, due by New Zealand, was made on the assumption that their own payments due to the United States could also bo postponed, then New Zealand would feel bound to reassiwio her liability.”
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Hokitika Guardian, 19 December 1932, Page 5
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189DOMINION’S OFFER Hokitika Guardian, 19 December 1932, Page 5
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