Wants U.S. To Raise Embargo On Defaulters
(Rec. 11 a.m.) WASHINGTON, Nov. 30 The State Department has disclosed that several foreign Governments have requested post-war loans. The. Assistant Secretary for State (Mr. Dean Acheson) testifying to the House Committee on post-war economic policy, urged Congress to reDeal the Johnson Act which prohibits loans to Britain and other countries which have not paid their Great War debts. Mr. Acheson pointed out that conditions had changed greatly since the Johnson Act was passed and it now constitutes a barrier to American rehabilitation .. and international trade and prevents the granting of urgently needed loans to principal European Governments.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19441201.2.34
Bibliographic details
Northern Advocate, 1 December 1944, Page 4
Word Count
105Wants U.S. To Raise Embargo On Defaulters Northern Advocate, 1 December 1944, Page 4
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in