BRITAIN'S DEBTS.
REPAYMENT TO AMERICA. AMOUNT DUE TO FRANCE. (Received April 8, fi.s p.m.) E"ritish Wireless. RUGBY, April <• The Financial Secretary to the Treasury, Major W. E. Elliot, was asked in the House of Commons as to the date by which it would be found possible to repay the remaning balances of the credits obtained last autumn by the Treasury from France and the United States. Major Elliot replied that since the repayments mad'? at the end of last month the remaining part of the American credit, namely, 20.000,000 dollars, had been repaid. Jne right to rebonow had been retained until the anniversary of the original credit (August 28). There now remained outstanding only the loan of 2,500,000,000 francs from the French public, which was not repayable before the date of maturity in September.
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New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 11
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134BRITAIN'S DEBTS. New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 11
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