EX-ENEMY PROPERTY
GENEROUS ALLOWANCES MADE. Rugby, November 22. In the House of Commons in a statement on the liquidation of ex-enemy property last night, Mr Philip Snowden, Chancellor of the Exchequer, emphasized that Great Britain had been more and not less generous to the original owners of ex-enemy property than the other creditor countries. The common undertaking shared by Britain was only to cease liquidation and release unliquidated properties. The British Government, however, had not only made compassionate allowances amounting to £5,000,000 to individuals but had offered to waive its claims to properties as yet unliquidated worth £5,000,000. More could not be done in justice to the British taxpayer and this was equivalent, to the abandonment, so far as possible, of the relevant provision of the Treaty.
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Southland Times, Issue 20940, 25 November 1929, Page 7
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127EX-ENEMY PROPERTY Southland Times, Issue 20940, 25 November 1929, Page 7
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