WAR DEBTS.

Ashburton Guardian, Volume 53, Issue 150, 6 April 1933, Page 5

WAR DEBTS.

HEART-TO-HEART TAUK. MACDONALD GOING TO U.S.A. (United Press Association—Copyright). (Received This Day, 1.5 p.m.) ' LONDON, April 5. The Prime Minister (Mr J. Ramsay MacDonald) sails for the United States by the Berengaria on Easter Saturday (April 15). The "Daily Telegraph" understands that the decision to visit President Roosevelt was the outcome of a further disappointing talk with Mr Norman Davis on Monday, and even more disappointing reports from Washington re : garding the instalment of the war debt due in June. Mr MacDonald holds that a heart-to-heart talk with Mr Roosevelt will be the most practical method of preventing a deadlock in regard to war debts, which may"easily jeopardise the World Economic Conference. BRITAIN'S TRANSACTIONS. LONDON, April 4. In reply to a question in the House of Commons regarding Britain's war debt payments to the United States and receipts from other countries, the Chancellor of the Exchequer (Mr Neville Chamberlain) said that including the payment of £29,000*000 on December 15 Britain's payments to the United States amounted to £355,200,000. Britain's receipts from foreign war debts amounted to £71,100.000 and from reparations £121,300,000, making a total of £192,400,000. These figures included both principal repayments and interest. Official Wireless.