CREDITS ABROAD.
REPAYMENTS BY BRITAIN. (British Official Wireless.) RUGBY, April 7. Questioned in the House of Commons as to the date by which it would be found possible to repay the remaining balances of credits obtained last autumn by the Treasury from France and the United States, Major Elliott, Financial Secretary to tlie Treasury said that since the repayments made at the end of last month the remaining part of the American credit, namely, 20,000,000 dollars, had been repaid. The right to reborrow had been retained until the anniversary of the original credit, August 28. There now remained outstanding only a loan of 2,500,000,000 francs from the French public, which was not repayable before the date of maturity in September.
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Manawatu Standard, Volume LII, Issue 110, 9 April 1932, Page 7
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120CREDITS ABROAD. Manawatu Standard, Volume LII, Issue 110, 9 April 1932, Page 7
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