BRITAIN’S STAND
“NO MORAL VALIDITY” EGYPT’S STERLING CLAIMS SCALING DOWN SOUGHT LONDON, July 3. The Chancellor of the Exchequer, Dr. Hugh Dalton, in a statement in the House of Commons on the AngloEgyptian sterling balances agreement, said that during the negotiations he made it clear that British public opinion did not recognise the moral validity of the debt of some £400,000,000. “I, therefore, urged Egyptian representatives to make proposals for the cancellation, in whole or part, of this war debt arising out of our war effort so costly in blood and treasure in the defence of Egypt. The Egyptian Government has not so far felt able to respond, but the clear judgment of Britain is on record.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19470705.2.57
Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22374, 5 July 1947, Page 5
Word Count
117BRITAIN’S STAND Gisborne Herald, Volume LXXIV, Issue 22374, 5 July 1947, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.