VIEWS OF AMERICA.
KNEW THE PROPOSAL WAS MADE. • NOT PRESSING FOR PAYMENT. Received Feb 6, 5.5 p.m. Washington, Feb. 5 Mr. Houston (Secretary to the Treasury). writing to Senator Lodge, said the Treasury ’suspended negotiations with foreign Governments regarding American loans to the Allies so as not to tie the hands of the incoming administration. The letter disclosed that arrangements were made with Britain in August, 1920, whereby Britain paid the United States 17,633.000 dollars principal and accrued interest on part of her obligations tqtalling 122,017,633 dollars. Both the State Departments and the British Embassy practically admit that such a proposal as Mr. Chamberlain intimated was made, but they did not know the details. The State Department announces that it has no reason to suppose or believe that the Allies cannot pay their debts to the United States, but the department counsels moderation in pressing for payment.— Aus -N.Z. Cable Assn.
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Taranaki Daily News, 7 February 1921, Page 5
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151VIEWS OF AMERICA. Taranaki Daily News, 7 February 1921, Page 5
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