IMPOVERISHED EUROPE.
REINSTATEMENT OF TRADE. GUARANTEEING PAYMENTS. Australian and N.Z. Cable Association. CRocd. 5.20 p.m.) LONDON, Dec. 22. />lr. A. J. Balfour, referring in the House of Commons to the proposal from the League of Nations to provide machinery by which the impoverished countries of Fll rope could issue bonds, secured by Crown lands or specific sources of national revenue, to enable them to import the necessities required, announced that the Government "was considering a scheme by which the League' 3 proposal would be supplemented by some form of insurance, making the currencies of the impoverished countries available for payment for imports.
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Bibliographic details
New Zealand Herald, Volume LVIII, Issue 17662, 24 December 1920, Page 7
Word Count
102IMPOVERISHED EUROPE. New Zealand Herald, Volume LVIII, Issue 17662, 24 December 1920, Page 7
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