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NATIONAL DEBTS

TRANSFER OF HUGE SUMS IS NOW QUITE AN IMPOSSIBILITY. The European nations have been led by th'e hard teaching of facts and events to the conclusion that the transfer of vast sums from nation to nation is an impossibility and that the attempt to effect it is as damaging to creditor as to debtor. The United States is a long way yet from this I conclusion, and nothing but patient argument and careful exposition of the facts will bring it nearer. — Mr. J. H. Spender in the News-Chronicle.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/RMPOST19330208.2.54

Bibliographic details

Rotorua Morning Post, Volume 2, Issue 451, 8 February 1933, Page 7

Word Count
90

NATIONAL DEBTS Rotorua Morning Post, Volume 2, Issue 451, 8 February 1933, Page 7

NATIONAL DEBTS Rotorua Morning Post, Volume 2, Issue 451, 8 February 1933, Page 7

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