OBLIGATIONS OF FRANCE
BRITAIN AS CREDITOR. PAYMENTS MADE BY GERMANY. Australian Press Association—United Service British Wireless. LONDON, April 30. The Chancellor of the Exchequer, Mr. Churchill, was asked in the House of Commons whether the Treasury still held sterling bonds for the full amount of the French debt to Britain, and whether, in the absence of a ratification ' by the French Government of the reduced terms, those bonds were still regarded as security for entire debt. Mr. Churchill replied in the affirmative. He said the total value of the French Treasury bills held was £720,960,000. Interest on those bills fell due in varying instalments on the first day of each month. In reply to another question Mr. Churchill said Germany's reparation payments to the Allies up to March 31 last totalled £182,000,000, apart from payments in kind. The Chancellor also stated that the total amount of donations received toward the extinction of Britain's national debt was £1,290,000.
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New Zealand Herald, Volume LXVI, Issue 20244, 2 May 1929, Page 13
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157OBLIGATIONS OF FRANCE New Zealand Herald, Volume LXVI, Issue 20244, 2 May 1929, Page 13
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