The Archive · 1936

Payment of Public Debt in Gold in Egypt

SPECIAL, 30 ena Alexandria, Fob. 15, Litigation to decide whether the Government was lable to poy a public debt in gold, which has lasted for several years, is still inconclusive.

Mixed tribunals three years ago dgclded in favour of bond-holders, in~ eluding French and Italian public debt commission, ruling that payment should be made in gold, "The Mixed Court of Appeals, however, to-day ruled that the mixed trio Bunals were Incompetent to deal with the issue, which may now have to be settled diplomatically—Reuter.

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

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