BRITAIN'S FINANCIAL POSITION.

Colonist, Volume LXI, Issue 15042, 9 April 1919, Page 5

BRITAIN'S FINANCIAL POSITION.

AMERICAN EXPERT'S TRIBUTE

and N.Z. Cable Association)

(Received April 8, 5.5 p.m.) Paris, March 27

In" an interview an American financial expert, who has minutely studied the conditions in Europe, said he would predict that England would be stronger within a year than ever before, because of her commercial enterprise and the courage with which she met her debts by taxation. Britain's situation with her war* debt of forty billion dollars compared favourably with her debt for capital arid; wealth at the conclusion of the Napoleonic wars.