REMISSION OF WAR DEBTS
BRITAIN’S GIFT TO FRANCE.
British
Rec. 5.5 p.m. Rugby, Feb. 19. The Chancellor of the Exchequer, Mr. Philip gnowden, replying to a question in the House of Commons, said the net . war debt of France to Britain in 1926 on the date of the signature of the funding agreement was £600,000,000. The value as at the same date of the annuities payable, calculated at 5 per cent., was £227,000,000. On that basis 62 per cent, of the debt was remitted.
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Taranaki Daily News, 21 February 1931, Page 7
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84REMISSION OF WAR DEBTS Taranaki Daily News, 21 February 1931, Page 7
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