SETTLING WAR DEBTS
FRENCH PREMIER'S SCHEME I SEW CEI.'MAN !-'>0 v L> ISSIE LONDON. 4th April. Considerable interest has been shown in ihe suggestion attributed 10 the. Krench Premier. M. I'oiucare. that war debts and reparations, as well as international deb'.-, will soon be settled from the sale of 32,000.000 gold murks , worth of new Oerninn bonds, half of
which will be covered by railway and industrial issues and the remainder under the German Budget. The feeling here is thai, Britain will lie willing to enter a settlement under which li.T di'li! to America would be I provided oul of her share of the reparations. It is recalled that since the | famous Balfour statement Britain wants ; from her Continental debtors only what, lis required to pay her own debts to ; America. Therefore, if the German industrial railroad bonds, under the revised Dawes scheme, could realise sufficient to satisfy the American claim on Kurope. Kngland would be ready to i wipe out the Continental indebtedness; but the question is whether America is equally ready.
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Nelson Evening Mail, Volume LXI, 14 April 1928, Page 4
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173SETTLING WAR DEBTS Nelson Evening Mail, Volume LXI, 14 April 1928, Page 4
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