BRITAIN PAYS
London Daily Express: The one certain result of Lausanne is that Great Britain will lose £134,000,000. That is the difference between what we have paid to our creditors, thfe United States, and what we have received from our debtors. Mr. MacDonald has acquired a splenclid reputation as the man who would save Europe. It is unfortuate for him (and for us) that every attempt to save Europe results in another inroad on British savings. The policy of the "clean slate" is now hailed with delight in every foreign capital. They know that it means cleaning the British sl'ate of foreign debts.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19320919.2.16
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Rotorua Morning Post, Volume 2, Issue 331, 19 September 1932, Page 3
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103BRITAIN PAYS Rotorua Morning Post, Volume 2, Issue 331, 19 September 1932, Page 3
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