EUROPE'S DEBT BURDEN
1 MM INEVITABMI OPINION IN UNITED STATES^ EDUCATING THE PUBLIC. Bt Telegraph-Press Asßociatioa-Copyrikht. ,:_■ (Received 8.30 pan.) A. and.NX.. LONDON, Dew 13. The special correspondent of the Westminster Gazette at Washington' states that he has talked i with 'many bankers and business. ,inen. All "think that' American participation in a. scheme for the liquidation of international debts is inevitable. Time,. however, must Ae given for the education, of the American public, which regards the loans to Europe as assets lor the relief of taxation, failing to see that the United States has more to gain by relieving Europt than receiving payment.
AMERICAN EXPORT TRADE. HEAVY DROP IN NOVEMBER. A. and N.Z. WASHINGTON, Dec. 12. The foreign trade of,the United States fell sharply in November. The exports totalled 295,000,000 dollars, compared with 676,000,000'dollars'a year ago.
GOLD. FROM RUSSIA. SHIPMENT OF. £3,600,000. A. and N.Z. WASHINGTON. Dec, 12. Russian gold to the value of 18,000,000 dollars has arrived in the United States.
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New Zealand Herald, Volume LVIII, Issue 17964, 14 December 1921, Page 9
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162EUROPE'S DEBT BURDEN New Zealand Herald, Volume LVIII, Issue 17964, 14 December 1921, Page 9
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