Britain’s Financial Undertakings
- LONDON, Nov. 3 Seven nations owe* Great Britain a total of £302,583,000, the ’ Financial Secretary to the Treasury, Mr Glenvil Hall, said to-day. The countries and the amounts they owe are:— China, £12,237,000; France, £100,677,000; the Netherlands, £42,855,000; Poland, £57,500,000; Turkey, £29,214,000; Russia, £33,120,000; Czechoslovakia, £26,980,000. The amounts are loans arising out of the war.
Net capital advances to socialised British industries amounted to £94,498,000, said the Economic Secretary to the Treasury (Mr Douglas Jay) in the House of Commons. The advances were: —National Coal Board, £33,085,000; Raw Cotton Commission, £30,153,000; Overseas Food Corporation, £26,650,000; and Colonial Development Corporation, £2,610,000.
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Bibliographic details
Grey River Argus, 5 November 1949, Page 5
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103Britain’s Financial Undertakings Grey River Argus, 5 November 1949, Page 5
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