DEBTS OF WAR.
PAYMENTS TO UNITED STATES. AVASHINGTON, Sept. 18.. The opening discussions on the AngloAmerican debt question are tentatively scheduled for October 5. It is understood that the British Ambassador to the United States, Sir Ronald Lindsay, and Sir Frederick Leith-Ross, will handle the preliminary negotiations for Britain, who will be faced with payments due on December 15 of 183,620,000, dollars, including some 117,000,000 dollars currently due and 65,000,000 dollars, the balance of the payment due on June 15, 1932. FOREIGN BOND DEFAULT. A HUGE SUM. NEAV YORK, Sept. 19. Seven thousand million dollars in foreign bonds are in default, according to a survey made on behalf of bondholders numbering half a million, who are said to be losing 100,000,000 dollars a year. The bondliolds urge the Federal Government to set up a protective corporation under the Securities Act _to clear up the confusion surrounding American foreign investments.
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Bibliographic details
Manawatu Standard, Volume LIII, Issue 251, 20 September 1933, Page 7
Word Count
149DEBTS OF WAR. Manawatu Standard, Volume LIII, Issue 251, 20 September 1933, Page 7
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