WAR DEBTS.
BRITAIN’S HEAVY BILL. AMERICA SHEAS PAYMENT. FEAR OF EVASION. By Telegraph.—Press Awn -Copyright. Received Oct. 5, 8.15 p.m. London, Oct. 4. The Daily Express states that a speech by Mr. Winston Churchill, in which he suggested that Britain should be forgiven her debts if she forgave her debtors, has precipitated a demand by the United States for the repayment of the £972,000,000 war debt, on which three years’ interest is due, and the whole of the principal is due on demand.
The Daily Express states that Mr. Churchill’s remark produced a considerable storm in American newspapers, which asserted that it was the beginning of a movement whereby Britain may avoid paymen}. altogether. The City of London regards with dismay any suggestion that the country should shirk its financial liabilities. We have £128,000,000 in gold which could be shipped to the United States; it is of no value here, and it would be better, therefore, if the gold was shipped.—Aus.-N.Z. Cable Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19211006.2.46
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 6 October 1921, Page 5
Word count
Tapeke kupu
163WAR DEBTS. Taranaki Daily News, 6 October 1921, 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.
Log in