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LOAN FOR SPAIN

BRITISH ARRANGEMENTS. LONDON, March 19. The President of the Board of Trade (Sir Andrew Duncan) announced in the House of Commons that the AngloSpanish agreement provides for a British loan of £2,000,000 to enable Spain to purchase goods. Britain will also make available an amount with a further £2.000,000 in a reserve fund tinder the 1936 Payments Agreement in order to enable Spain to pay an immediate dividend of 50 per cent, on outstanding debts. The agreement results in stopping the leak in the Allied blockade. Spain undertakes not to allow the re-export of certain imports. It is officially stated in Paris that the former Spanish Foreign Minister, Senor del Vayo, is voluntarily returning to France from Mexico to face the Court which sentenced him to three months’ imprisonment on February 20 tor entering France without a permit after the civil war.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19400321.2.62

Bibliographic details

Manawatu Standard, Volume LX, Issue 96, 21 March 1940, Page 8

Word Count
145

LOAN FOR SPAIN Manawatu Standard, Volume LX, Issue 96, 21 March 1940, Page 8

LOAN FOR SPAIN Manawatu Standard, Volume LX, Issue 96, 21 March 1940, Page 8

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