WAR DEBT PAYMENT
BRITAIN'S REFLY. PREVIOUS AGREEMENT TO STAND By Telegraph—Press Association DUNEDIN. December 23. According to a statement made tonight by the Minister of Finance (Hon. W. Downie Stewart), the British Government has not accepted the offer of the New Zealand Government to renew this year its war debt payments to the United Kingdom.
Mr Stewart's statement is as follows: ■ —“With reference to the offer of the Government of New Zealand to the Government of the United Kingdom to renew payment of its obligations under the war debts agreement with the United Kingdom, the New Zealand Government has received a reply from Great Britain expressing warm appreciation oi the generous feeling which prompted IsJew Zealand’s offer. After explaining the effect of the Lausanne agreement on the general position, the British Governrhfejic states that it does net wish to withdraw or qualify its offer of suspension made to New Zealand and other Dominions at the time of the Lausanne Agreement.”
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19374, 24 December 1932, Page 8
Word Count
160WAR DEBT PAYMENT Timaru Herald, Volume CXXXVII, Issue 19374, 24 December 1932, Page 8
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