ANGLO-FRENCH LOAN.
THE QUESTION OF REPAYMENT. REDUCTION OF DEBT INVOLVED. By Telesraiih.—Press Assn.—Copyright. Received March 10, 12-35 a.m. London, "March 8. Replying to Mr. Asquith, Mr. Austen Chamberlain (Chancellor of the Exchequer), staled in the House of Commons that the Government did not intend to re-borrow outside the United Kingdom any part of the 250,000,000 dollars required to repay the British half of the Anglo-French loan of 500,000,000 dollars' from the United States, so that when the loan tvas repaid the British external debt would be reduced by over £50,000,000. « The Government would employ in this connection the av'.tila,ble resources in the United States, supplemented by a shipment oE gold. They had already begun to buy Anglo-French bonds at considerably below par.—lmperial Service.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19200310.2.53
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 10 March 1920, Page 5
Word count
Tapeke kupu
123ANGLO-FRENCH LOAN. Taranaki Daily News, 10 March 1920, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.