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MAJOR POINTS NEARING SOLUTION

Recd. 6 p.m. Washington, Nov. 21 British and American officials reported that major points concerninc the loan to Brita n were rear solution,

A British spokesman acknowledged that an offer of 4 000,000,000 dollars had been transmitted to London and was part of ar. overall proposal advanced by th? United States in an effort to wind up the two weeks’ discussions. Approximately 3,500,000,000 dollars represented a straight loan at 2 per cent, interest and 500,000,000 dollars, at 22 per cent., was the amount reeded to settle the LendLease account on a cash basis for supplies shipped after VJ Day.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19451124.2.42

Bibliographic details

Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 5

Word Count
103

MAJOR POINTS NEARING SOLUTION Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 5

MAJOR POINTS NEARING SOLUTION Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 5