BRITAIN’S LOANS.
A VAST SUM. [Aust, and N.Z. Cable Association.] (Recei\’ed Sunday, 5.5 p.m.) LONDON, May 29. The Chancellor of tho Exchequer states that the Allies’ obligations to Britain total £1,568,000,000. No interest has been paid, except on minor sums, but the interest charged is mostly 5 per cent., except to Russia, which is 6, and Belgium and Serbia nil. A white paper shows that Britain’s loans to the Allies during tho four years ended March, 1918, totalled £1,208,000,000, of which nothing has been repaid. Loans to tho Dominions total £192,000,000.
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Bibliographic details
Manawatu Times, Volume XLIII, Issue 14136, 9 June 1919, Page 5
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91BRITAIN’S LOANS. Manawatu Times, Volume XLIII, Issue 14136, 9 June 1919, Page 5
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