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U.S LOANS TO ALLIES.
PROPOSED REDUCTION OF INTEREST. ___ ' 0 United Press Association—By Electric Telegraph—Copyright. Washington, March 21 Mr D F Houston, Secretary to the Treasury, advocates reduction in the rate of interest on American loans to the Allies from five per cent to 4% per cent, and deferment of the payment of interest for three years. He also suggests the conversion of loans into bonds with a currency of twelve years, deferred interest to be compounded.
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https://paperspast.natlib.govt.nz/newspapers/RAMA19200324.2.36
Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12019, 24 March 1920, Page 5
Word Count
76U.S LOANS TO ALLIES. Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12019, 24 March 1920, Page 5
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