SETTLING WAR DEBTS
FRENCH PREMIER'S SCHEME NEW GERMAN BOND ISSUE. LONDON, April 4. Considerable interest lias been shown in the suggestion attributed to the I'Vcnch Premier, M. Poincare, that war debts and reparations, as well as international debts, will soon be settled from the sale of .'12,000,000 gold marks’ worth of now German bonds, half of which will be covered by railway and industrial issues and the remainder under the German Budget. The feeling here is that Britain will be willing to enter a settlement under which her debt to America would bo provided out of her share of the reparations. It is recalled that since the famous Balfour statement Britain wants from her Continental debtors only what is required to pay her own debts to America. Therefore, if the German industrial railroad bonds, under the revised Dawes scheme, could realise sufficient to satisfy the American claim on Europe, England would bo ready to wipe out the Continental indebtedness; _ but the question is whether America is equally ready.
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Evening Star, Issue 19840, 13 April 1928, Page 1
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168SETTLING WAR DEBTS Evening Star, Issue 19840, 13 April 1928, Page 1
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