WAR DEBTS
(Press Assn.—
british delegates to present four points SUM NOT FIXED
-By Telegraph — Copyright) .
Washington, October 11 During the war debt negotiations to-day the British eommissioners presanted four points of appeal as to vhy Britain should be granted a substantial reduction, but the extent of the reduction desired has not yet been officially stated. The Unitecl "States Treasury officials are studying the appeal which mentions the following points: (1) Britain received less favourable treatment when the debt was funded than did other borrowing nations; (2) when the debt was funded increased world prosperity was anticipated, whereas it has diminislied; (3) Britain spent far more here during the war than the amount borrowed from the United States Treasury; and (4) the war debts were not a commercial loan. Negotiations will be continued tomorrow when the British proposals may be presented.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19331013.2.22
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Rotorua Morning Post, Volume 3, Issue 661, 13 October 1933, Page 5
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141WAR DEBTS Rotorua Morning Post, Volume 3, Issue 661, 13 October 1933, Page 5
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