Where Are the War Debts?

September 1940
New Republic;9/16/40, Vol. 103 Issue 12, p384
The article explores the assertion that a settlement of the British war debt will be announced simultaneously with the agreement between U.S. President Franklin Delano Roosevelt and British Prime Minister Winston Churchill on naval and air bases. It is thought that the deal will provide that the U.S. will get their bases, and Britain will receive cancellations of her debt. Under the said plan, the destroyers would be part of a separate deal and the British Treasury would give cash for them.


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