AMERICA WANTS HER MONEY
| DEBT PAYMENTS | SOUGHT
ARREARS ADDED TO CURRENT AMOUNT BRITAIN LIKELY TO OFFER TOKEN (UNITED '\{ r;S> A -S.Vji :i ATI ON —TJ V ELLCTIjtO TkXKG It A I'll CUi'Y IvIO H'J .) (Received May 29, 7.5 p.m.) LONDON, May 28. America requests the payment on June 15 not only of the war debt instalment due on that date, but of the two 1933 instalments and the half-year instalment postponed under the Hoover moratorium, aggregating 239,110,705 dollars (approximately £48,000,000). Sir Ronald Lindsay, British Ambassador at Washington, has received a note containing statements of the amounts due by the British Government on June 15, 1934, December 15, 1934, and June 15, 1935, him that payment may be made either at the Treasury, Washington, or the Federal Reserve Bank, New York. The "Financial Times" says it is understood that the British Government will now offer a further token payment in acknowledgment of the debt, pending a full settlement.
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Bibliographic details
Press, Volume LXX, Issue 21177, 30 May 1934, Page 11
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157AMERICA WANTS HER MONEY Press, Volume LXX, Issue 21177, 30 May 1934, Page 11
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