FUNDS FOR BRITAIN
SOLVING MAJOR POINTS . WASHINGTON. Nov. 21. British and American officials report that the major points of the loan to Britain, are near solution. A British spokesman acknowledged that the offer , of 4,000.000,000 dollars transmitted to London was part of an overall proposal advanced by the United States in an effort to wind up the long discussions. Approximately 3,500,000,000 dollars represented a straight loan at 2 per- cent, interest and 500,000,000 dollars at 2| per cent-, being the amount needed to. settle the Lend-Lease account on a cash basis for supplies shipped after VJ-Day. .■ i ■
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19451123.2.38
Bibliographic details
Manawatu Standard, Volume LXV, Issue 305, 23 November 1945, Page 5
Word Count
97FUNDS FOR BRITAIN Manawatu Standard, Volume LXV, Issue 305, 23 November 1945, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in