WAR DEBTS

Hawera Star, Volume XLV, 31 August 1925, Page 5

WAR DEBTS

ANGLO-FRENCH PROPOSALS

TERMS OF PAYMENT

A PARTIAL MORATORIUM

by cable—press association— copyright Rleceived Aug. 31, 10.55 a.m. LONDON ,Aug. 30.

In reference to misapprehensions which are apparently existing as regard is the British proiiosal for a settlement of .Lite French war debt, it is learned that there has always been an understanding that tlie French Governmet should be granted a partial moratorium, and that it should not be compelled to pay tbe whole of the £13,500,000 'annuity, 'starting in 1925, unless able to do' so. It is understood that the sum falling .short of the annuity will be xnacle up in later payment's. — Reuter.

, LONDON, Aug. 30. Mr J. L. Garvin, in the Observer, approves of the British offer to France. He says: “The positions of London and Washington are fundamentally different. We Avould rather have a little less and a willing settlement than a little more and a bitter one.” The Sunday Times believes the nation would almost unanimously prefer to suffer anything rather than have London deal with Paris as Washington dealt with London.”