GENEROUS BRITAIN
EX-ENEMY PROPERTY IMPORTANT CONCESSIONS (British OJTicinl Wireless.) Dec. 2 p.m. RUGBY, Nov. 22. In the House of Commons, in his statement on the liquidation of enemy property, Mr. Philip Snowden, Chancellor of the Exchequer, emphasised that Great Britain had been more, and not Jess, generous to the original owners of ex-enemy property than other creditor countries. The common understanding shared by Britain was only to cease liquidation and release unliquidated properties. The British Government, however, bad not only made compassionate allowances amounting to £500,000 to individuals, but had offered to waive claims to properties, as yet unliquidated, worth £5,000,000. Alove could not be done in justice to the British taxpayer, and this' was equivalent to the abandonment, so far as possible, of the relevant provisions of trie treaty. , , „ .
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Poverty Bay Herald, Volume LV, Issue 17116, 23 November 1929, Page 8
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130GENEROUS BRITAIN Poverty Bay Herald, Volume LV, Issue 17116, 23 November 1929, Page 8
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