AMERICAN AVAR DEBTS
CANCELLATION OF LOANS. OPINION OF MR C. M. SCHWAB. London, May 2. “An almost unmentionable fortune was offered to me if I would not place the American Steel Corporation’s plant at Britain’s disposal during the war. I replied that there was not enough money in the whole of Europe to break my will,” said Mr Charles M. Schwab, the president of the corporation, who it visiting Britain, to receive the Bessemer gold medal, in returning thanks for the medal at a meeting of the Iron and Steel Institute. He said he had done £1,000,000 worth of business with Britain without a contract, and there had never been one word of difficulty or unpleasantness. “I am one of the Americans who contributed money during the war while we were unable to contribute men. I have no sympathy with the collecting of war debts from the men who stood for the preservation of civilization and manhood,” he added.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19280528.2.5
Bibliographic details
Southland Times, Issue 20497, 28 May 1928, Page 2
Word Count
159AMERICAN AVAR DEBTS Southland Times, Issue 20497, 28 May 1928, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in