BRITAIN'S WAR DEBTS
Sir,-The last paragraph in Douglas Seymour’s letter appears’ to’ be written in a spirit that makes it doubtful if logical reasoning appeals to him, especially if he had not seen "Locksley Hall’s" letter whose main complaint was, I believe, that Britain did not wipe off New Zealand’s war debt. Now I believe that no nation has repudiated its war.debts, but they are in abeyance till conditions are agreed to that will make it possible for them to be paid. So Douglas Seymour’s arguments can all be used against "Lacksley Hall" (without the
personal temarks which always cloud the issue). When he says that Britain could exercise any control it chose over the credits created by its trade with U.S.A., Douglas Seymour must know that one can only pay this way by taking no goods in return. I believe that Britain offered to do this and that U.S.A, refused. What would happen if New Zealand refused to take goods in return for her exports? Yours, etc.,
DIGGER
Carterton.
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New Zealand Listener, Volume 3, Issue 59, 9 August 1940, Page 20
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170BRITAIN'S WAR DEBTS New Zealand Listener, Volume 3, Issue 59, 9 August 1940, Page 20
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