BRITAIN’S AMERICAN DEBT.
HEAVY INTEREST BURDEN. By Telegraph.—Press Assn.—Copyright. London, Dec. 28. Mr. Stanley Baldwin and Mr. Montague Norman. Governor of the Bank of England, with two financial experts, have sailed for the United States on a Bmiseion regarding the funding of the British debt to America. Interviewed. Mr. Baldwin emphasised Hie delicacy of his mission. He pointed out that, under present arrangements, the British pavments .to America amounted to between sixty and seventy millions‘sterling annually. It was hoped to fund the debt to get the burden of interest eased.
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Taranaki Daily News, 30 December 1922, Page 5
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90BRITAIN’S AMERICAN DEBT. Taranaki Daily News, 30 December 1922, Page 5
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