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Lending to Rumania

Sir,—Your paper’s expose of the way in which communist Rumania reneges on its dents is timely. It is not the international banks that foot' the bill. There is a clever clause that lays it all at the foot of the American taxpayer, so the banks make their profit, the communists, keep on surviving (which they would not if the Western countries stopped supporting them) and keep on borrowing. The lesson for the New Zealand taxpayer is clear: We are told that trade with the communist countries is good for us all. The American experience warns us to watch that our elected representatives do not involve us in footing communist bills. Common sense tells us that you do not trade with anybody whose sworn intention is to destroy the private enterprise system, the rights of private property, and the freedoms that follow from these.—Yours, etc., JASON MILES. February 26, 1982.

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https://paperspast.natlib.govt.nz/newspapers/CHP19820305.2.92.9

Bibliographic details

Press, 5 March 1982, Page 14

Word Count
152

Lending to Rumania Press, 5 March 1982, Page 14

Lending to Rumania Press, 5 March 1982, Page 14