NEWFOUNDLAND’S DEBTS
THE PAYMENT OF INTEREST ASSISTANCE FROM BRITAIN (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.) RUGBY, June 28. Speaking on the Supplementary Dominion’s Services Vote in connection with a grant in aid, amounting to £400,000, to the Government of Newfoundland, the Under-secretary for the Dominions (Mr Malcolm MacDonald) recalled an Arrangement in which the United Kingdom and Canadian Governments had joined in advancing to Newfoundland moneys required for the January payment of interest due on the external debt of the dominion. Regarding the interest payments due on July 1, the Canadian Government had not found it possible to join in making another advance, and the United Kingdom Government had decided to make the whole of the advance. This was an interim arrangement pending the report of a Royal Commission on a long-range constructive policy for the dominion in future, The vote was approved.
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Otago Daily Times, Issue 21993, 30 June 1933, Page 7
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146NEWFOUNDLAND’S DEBTS Otago Daily Times, Issue 21993, 30 June 1933, Page 7
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