A REMARKABLE PROPOSAL
GENEVA, Sep. 9. M. Henri Lafontaine (vice-president of the Senate) has made a remarkable proposal to the League of Nations, whieh^he himself characterised as audacious. He said the world was suffering from an enormous debt, the year's interest on which at 5 per cent, was sixty-on© milliards of francs, of which only 11 per cent, was pre-war debt. It was hot right that those who lost the most should be the sufferers, while neutrals became richer. He wanted the whole debt to become the debt ot the League, with the creation of an in-, ternational market. j
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Bibliographic details
Hawera & Normanby Star, Volume XLI, Issue XLI, 12 September 1921, Page 5
Word Count
100A REMARKABLE PROPOSAL Hawera & Normanby Star, Volume XLI, Issue XLI, 12 September 1921, Page 5
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