BRITISH GRATITUDE

Auckland Star, Volume LXXII, Issue 168, 18 July 1941, Page 7

BRITISH GRATITUDE

N.Z. Complimented On Handling 01' Overseas Funds MK. PHASER CENSUHKS NAZIS Kcc. 11 a.m. LONDON. July 17. Sir Kingslcy Wood, the Chancellor of the Exchequer, has sent a letter to Mr. Kraser. the New Zealand Prime Minister, expressing sincere gratitude to the New Zealand Government for arrangements to pay off Britain's war expenditure advances. Treasury officials consider that repayment. reflects much credit on the handling of New Zealand's overseas resources during the difficult war period. Mr. Fraser, in a speech at Aberdare, Glamorganshire. Wales, said that in some extraordinary way a man had arisen to dominate and hypnotise the German people and lead them into ways of terrible cruelty, vindictiveness, destruction and death in an effort to conquer the world. It would be better for us to be dead than to tolerate it.

fßy special arrangement neuter's World Service In addition to other special sources of information, is used in the compilation of the overseas intelligence published in this issue, and all richts therein in Australia and New Zealand are reserved. fjuch o! the cable news on this page as is so headed has appeared in •'The. Times'* and Is sent to paper by special permission. It should be under:--toori ihnt * lie opinions are not those 01. •"Xhe Times" unless expressly stated iq be so.l