BANKRUPTCY AHEAD
LONDON 1. 26th February. Mr, Henry Bell, director of Lloy.d's Bank, who took part in the international financial conference in' Brussels, states that Europe will inevitably reach a state of bankruptcy "unless the warlike'expenditure is reduced. Economic rehabilitation is impossible) until this has soaked into the minds of the people. It was a curious paradox that Germany and Austria were being saved this economic waste. The Allies virtually said to them: "You must not spend money on war preparations. We will spend it."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19210228.2.78
Bibliographic details
Evening Post, Volume CI, Issue 50, 28 February 1921, Page 7
Word Count
85BANKRUPTCY AHEAD Evening Post, Volume CI, Issue 50, 28 February 1921, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.