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EX-ENEMY PROPERTY

STATEMENT BY BRITISH CHANCELLOR (British Official Wireless.) Rugby, November 22. In the House of Commons, in a statement the liquidation of ex-enemy property last night, Mr. Snowden, Chancellor of the Exchequer, emphasised that Great Britain had been more and not less generous to the original owners of ex-enemy property that the other creditor countries. The common undertaking shared by Britain was only to cease liquidation and release unliquidated properties. The British Government, however, had not only made compassionate allowances amow ting to £5,000,000 to individuals, bn' had offered to waive claims to properties as yet unliquidated, worth £5,000,000. More could not be done in justice to the British taxpayer, and this was equivalent to the abandonment so far as possible of the relevant provisions of the Treaty.

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https://paperspast.natlib.govt.nz/newspapers/DOM19291125.2.61

Bibliographic details

Dominion, Volume 23, Issue 52, 25 November 1929, Page 11

Word Count
129

EX-ENEMY PROPERTY Dominion, Volume 23, Issue 52, 25 November 1929, Page 11

EX-ENEMY PROPERTY Dominion, Volume 23, Issue 52, 25 November 1929, Page 11