GRATEFUL REPLY
(Press. Assn.—
MAGNIFICENT SPIRIT IS f APPRECIATED BY BRlfAIN NO PAYMENTS AT PRESENT
-By Telegraph. — Copyrlght) .
Rec. Dec. 20, 7.0 p.m. London, Dec. 20. It is understood that the Government is to-morrow -despatching a reply to the New Zealand offer to resume debt payments, indicating deep appreciation of its magnificent spirit, especially in view of New Zealand's budget problem, but it is likely to suggest that the matter remain in abeyance pending negotiations with America. The position is that Great Britain does not expect the Dominions to resume payments. The situation is precisely as previously cabled. The crux of the situation is Lausanne. It was agreed at Lausanne that the Dominions would not be treated less generously than foreigners if the question of payment arose. Great Britain is not desirous of disturbing the Lausanne agreement owing to repercussions in Europe. She hopes for an early discussion with America, pending which the Lausanne agreement must eontinue.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19321221.2.22.1
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 411, 21 December 1932, Page 5
Word Count
157GRATEFUL REPLY Rotorua Morning Post, Volume 2, Issue 411, 21 December 1932, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in