REPARATIONS LOAN
PROPORTION FOR BRITAIN. STATEMENT BY MR SNOWDEN. (British Official Wireless.) (United Press Association.) (By Electric Telegraph— Copyright.) • RUGBY, May 20. When he was asked if, in view of the desirability of encouraging investments in British industries by British investors, he would reconsider the reparations loan under the' Young Plan, the Chancellor of the Exchequer (Mr Snowden) said the amount of the reparations loan to be issued in London would be limited to the British Empire. A share of the gross proceeds of the loan receipts of this country would be used to reduce the national debt. In those circumstances no question arose of interference with investments in industry. ,
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Bibliographic details
Otago Daily Times, Issue 21032, 22 May 1930, Page 9
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110REPARATIONS LOAN Otago Daily Times, Issue 21032, 22 May 1930, Page 9
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