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REPARATIONS PROBLEM

FRANCE AND THE FORTY MILLION LOAN.

By Tel. —Press Association, Copyright Aust. N.Z. Cable Assoc. Reo Sept 12, 8 a-m. Paris. Sept 11

The question cf French participalion in the I'orty million Joan to> Germany is exciting c ontrcversy. Mr Mellon. Secretary of Treasury (United States) had a. conference with bankers and argued That the loan was less intended as a benefit to Germany than to put Europe on its feet by financing reparations. It was suggested that France should take up a small pod ion, say five, per centum in dollars, sc theoretically, it would be lending to America instead of Germany, It is believed the suggestion will be. adopted, but with no enthusiasm.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BOPT19240912.2.22

Bibliographic details

Bay of Plenty Times, Volume LIII, Issue 8685, 12 September 1924, Page 5

Word Count
117

REPARATIONS PROBLEM Bay of Plenty Times, Volume LIII, Issue 8685, 12 September 1924, Page 5

REPARATIONS PROBLEM Bay of Plenty Times, Volume LIII, Issue 8685, 12 September 1924, Page 5

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