HUNDRED- YEAR- OLD CASE SETTLED.
The Anglo-American Claims Arbitration Tribunal has decided the case of the illegal seizure of the British ship Lord Kelson by the American. Navy, as Jong ago as sth June, 1912, two weeks prior to the declaration >of war 'between the United States and Great Britain. The tribunal assessed damages of £1000 against the United States, with 93 years' interest. At 5 per cent., the simple interest on £1000 for 93 years amounts to £4650, so that on this basis Great Britain's total indemnity would be £556Qj.
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https://paperspast.natlib.govt.nz/newspapers/EP19140627.2.25
Bibliographic details
Evening Post, Volume LXXXVII, Issue 151, 27 June 1914, Page 5
Word Count
91HUNDRED- YEAR- OLD CASE SETTLED. Evening Post, Volume LXXXVII, Issue 151, 27 June 1914, Page 5
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