BRITISH REFUSAL
DOMINION OFFER
DEBT PAYMENT RENEWAL.
(Per Press Association — Copyright.)
DUNEDIN, December 23,
According to a statement made tonight by the Minister of Finance, Hon. W. Downie Stewart, the British Government has not accepted the offer of the New Zealand Government to renew this year its war debt payments to the United Kingdom. Mr Stewart’s statement is as follows: —“With reference to the offer of the Government of New Zealand to the Government of the United Kingdom to renew the payment of its obligations under the war debts agreement with the United Kingdom, the New Zealand Government has received a reply from Grf’eat Britain expressing warm appreciation of the generous feeling which prompted New Zealand’s offer.” After explaining tlie.feffect of the Lausanne Agreement on the general position, the British Government states that it does not wish to withdraw or qualify its offer of suspension made to New Zealand and the other Dominions at the time of the Lausanne Agreement,
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Hokitika Guardian, 24 December 1932, Page 5
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160BRITISH REFUSAL Hokitika Guardian, 24 December 1932, Page 5
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