FRENCH DEBT SETTLEMENT.
TRADE FACULTIES BILL. CHANCELLOR'S ATTENDANCE. (Received 1 p.m.) LONDON, March 11. In the House of Commons, Mr. Winston Churchill informed Mr. Philip Snowden (his predecessor as Chancellor of the Exchequer) that he intended resuming, without delay, a discussion on the French debt settlement, on which he regarded last year's agreement with M. Caillaux as binding. France was issuing Treasury bonds aggregating £30,000,000 annually to meet the interest bill to Britain. This was augmenting the total debt seriously and increasing the difficulty of the situation, the settlement of which was indispensable. The committee stage of the Trade Facilities Bill was completed at 6 o'clock this morning. The Government applied the closure several times. Several Socialist amendments were rejected.— (A. and N.Z.)
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Auckland Star, Volume LVII, Issue 60, 12 March 1926, Page 7
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123FRENCH DEBT SETTLEMENT. Auckland Star, Volume LVII, Issue 60, 12 March 1926, Page 7
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