AUSTRALIA’S WAR DEBT
AN UNFAIR ANALOGY. ONLY CLAIM FOR CONSIDERATION, FINANCIAL PAPERS’ VIEWS. United Press Assn. —Elec. Tel. Copyright. (Received Feb. 20, 12.5 p.m.) LONDON, Feb. 19. Australia is paying on her war debt' less than the actual cost of the money to the British taxpayer, says the Financial Times in an editorial, “and should any amelioration prove possible, it should be on the grounds of sympathy, not fright.” " Contending that the analogy with {he United States settlement is incomplete, the paper says. "The most that can be legitimately be read there into is that Australia, having fallen upon evil times, should receive every consideration consistent with the necessities of the creditor, who is also encountering difficulties, and remember that other debtor Dominions might be aggrieved by exclusion from similar privileged treatment.”
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Waikato Times, Volume 109, Issue 18258, 20 February 1931, Page 7
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132AUSTRALIA’S WAR DEBT Waikato Times, Volume 109, Issue 18258, 20 February 1931, Page 7
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