WAR DEBTS
BRITAIN NOT PAYING REMINDER GIVEN BY . AMERICA SITUATION UNCHANGED (United Press Assn.—Telegraph Copyright.) Washington, June 7, Officially it is expected that all the debtor nations except Finland will refuse to meet the war debt payments due to the United States. Britain, in answer to a polite reminder from the Secretary of State (Mr Cordell Hull) to the British Government, replied that she would default in the payment of 85,670,000 dollars on June 15 and an additional 380,000,000 dollars of arrears. The British Ambassador (Sir Ronald Lindsay) said that Britain had despatched a Note last June explaining that she was unable to pay pending the negotiation of a final revised statement, adding: “The Government has constantly given the most careful consideration to the matter, but regrets that it does not appear that the essentials of the situation have changed since the Note was written.”
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Bibliographic details
Southland Times, Issue 25308, 11 June 1935, Page 7
Word Count
145WAR DEBTS Southland Times, Issue 25308, 11 June 1935, Page 7
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