£2,2000,000,000 DEBT TO U.S.
EUROPE'S VAST WAR LOANS,
*■ Mm YORK, Dec..il:-Mr Thomas Lamoii|, banker, m a speech dealing with Europe's war indebtedness\ -to the United; Mates, pointed out that .durihothe war private investors in' AmericS had lent abo,ut £500,000,000 to foreign governments land corporations, while the United States Government liad lek £S,^;fc obably would soon ™ A 'vontiX*™^ 1 an indebtedness of £2,200,000,000 to the Government and people of. the United States, tlie' annual interest on which, after subtracting the amount owed by America to foreign investors, would be £80,000,000 -a' year. Moreover, with the food and reconstruction materials wliich Eurcpo would ro- .? U '.;P- fr^Athis country, the .-future *W. balance .m, favefc of the United 2iri/^n WoUl^ f? 10 ™*' to at least £200,Ooo,pop annually. . •
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Bibliographic details
Poverty Bay Herald, Volume XLVI, Issue 14848, 27 February 1919, Page 5
Word Count
124£2,2000,000,000 DEBT TO U.S. Poverty Bay Herald, Volume XLVI, Issue 14848, 27 February 1919, Page 5
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