DEBT TO AMERICA

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12090, 26 June 1920, Page 5

DEBT TO AMERICA

Unied Press Association—By Electric Telegraph—Copyright, NEW YORK, June 25. The New York “American’s” London correspondent interviewed Mr Lloyd George, who said:—“We are not making any advance regarding the cancellation of the British war debt, or the proportion of the amount which Franco suggests cancelling. The question of a loan to Germany to help her to' pay for her imports of raw material: - will not be considered until aftev - the Spa Conference at the end of July, when the inter-Allied Finance Committee will meet. Britain is prepared- to pay her debts to America, and will do so. We never expected any help from that.quarter, other than the postponement of the payment of interest charges on Britain's deb*., Which the United States has already granted. I never even heard repudiation discussed.”