BRITAIN AND AMERICA
CORDIAL RELATIONSHIP. MR M‘KENNA’B VIEWS Pres* AcaooUtion —Bt Telegraph—Copyright LONDON, October 15. Mr Reginald M'Kenna (chairman of the Joint City and Midland Bank), on bis arrival from America, where he was attending the Bankers’ Conference, said that the Anglo-American relations had never been more cordial than they were to-day. America fully appreciated the effects of Europe’s distressed condition upon her own trade and finance; hut she thought that the European Governments must reform themselves as a condition of American assistance. It was not true, said Mr M'Kenna, that the collapse of the mark could have been avoided by firmer methods by the German Government. The latter could not be blamed. It had to sell marks in order to make external nayments. Such Selling inevitably reduced the price of the mark. — A. and N.Z. Cable.
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Otago Daily Times, Issue 18687, 17 October 1922, Page 5
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137BRITAIN AND AMERICA Otago Daily Times, Issue 18687, 17 October 1922, Page 5
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