DEBT-LADEN WORLD
Press Association—By Telegraph—Copyright. GENEVA, September 9. M. La Fontaine made a remarkable proposals’to the League of Nations, which he himself characterised as audacious. He said the world was suffering from enormous debt. A year’s interest at 5 per cent, was .61 milliards of francs, of which only 11 per cent, was pre-war debt. It was not right that those who had lost most should be sufferers, while neutrals became richer. He wanted the whole debt to become tbe debt of the League, with the creation of an international market.—A. and N.Z. Cable.
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Evening Star, Issue 17764, 12 September 1921, Page 7
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94DEBT-LADEN WORLD Evening Star, Issue 17764, 12 September 1921, Page 7
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