DEBTS TO BRITAIN
SOUTHERN STATE LOAN REPRESENTATION TO AMERICA. (A. ami N.Z.) LONDON, April 18. In the House of Commons, Air Locker Lampson, replying to Lieut.-Coloncl Howard Bury (Con.) said that the Government considered that it would not serve any useful purpose for representation to be made to the United States with reference to the repudiation of public debts by certain southern States. Lieut.-Colonel Howard Bury said that the loans were made for construction and developmental purposes, and a sum totalling £78,000.000 for principal and interest was owing to British bondholders. Air Locker Lampson «aid: “I hope you will not press the matter for the present. ’ ’ Air Somerville said that in view of the fact that America pressed the Alabama claims and the generous manner we had met America’s claims arising from the Groat War, ought not we to press the claims from the Southern States. Mr Saklatvala: “Isn’t this another case where Britain ought to semi troops to occupy the defaulting States for protection of British interests.” Cries of “sit down” was the only answer.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19280420.2.45
Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 20126, 20 April 1928, Page 7
Word Count
176DEBTS TO BRITAIN Wanganui Chronicle, Volume LXXXIII, Issue 20126, 20 April 1928, Page 7
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in