The Archive · 1926

Great Britain Pays

the Editor of the NontH-CuiNa Datty News"

Sin,—With' reference to Reuter's message yesterday reporting the de. bate in the House of Commons on the subject of war debts and the United States, in view of Br. Mellon's letter and the statement con-tamad therein which the British Chancellor of the Exchequer has termed "a complete misapprehension of the facts of the case," a misap-; chension so serious that it almost made him doubt the authenticity of the passage, I think it is important that certain facts brought out in a previous debate in the House of Commons relating to the exact position of affairs between Great Britain and the United States es far s debt payment is concerned, should recorded in these columns for the benefit of those of your readers (end their number is still large) who appear to have a complete micconception of the whole matter.

"We are paying annually to the United States a sum of about £34,- 000,000, rising ultimately to £33, decision of the peopl Then in September, 1923, another 000,000, upon debt which under ed. firm decided to eliminate boys andthe arrangement which has been girls under the age of 10 years,'made will be liquidated in 62 years

Text read from the printed page and cleaned; old type leaves the occasional error.

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