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There was a general consensus of opinion that the con- tinued existence of a vast body of British Government stock yielding a 5 per cent . return was an artificial obstacle to a fall in interest rates to a lower level at which they ...
There was a general consensus of opinion that the con- tinued existence of a vast body of British Government stock yielding a 5 per cent . return was an artificial obstacle to a fall in interest rates to a lower level at which they ...
Trang 235
payments on foreign debts should be suspended for a year ; and that the interest on foreign debts should be reduced to 25 per cent . of its amount for the same period . These recommendations fell so far short of the assistance asked for ...
payments on foreign debts should be suspended for a year ; and that the interest on foreign debts should be reduced to 25 per cent . of its amount for the same period . These recommendations fell so far short of the assistance asked for ...
Trang 105
As a result of negotiations these obligations were re - funded on an interest basis of 3 per cent . , which was a lower rate of interest than credit of either country at that time commanded . The policy adopted by the United States in ...
As a result of negotiations these obligations were re - funded on an interest basis of 3 per cent . , which was a lower rate of interest than credit of either country at that time commanded . The policy adopted by the United States in ...
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PART I | 1 |
The Financial Problem 1 Taxpayers Effort 1 Economic Position 2 | 7 |
IRELAND | 19 |
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agreement agricultural announced appointed Bank Bill Britain British Budget Cabinet called carried caused cent Committee Conference considerable continued Council course debts December demand discussion dollars duties economic effect elections estimated exchange exports fact February force foreign France Free French further gave German given gold Government held House important increase industry interest issued Italy January July June Labour leaders League less loan London Lord maintained majority March matter means measures meeting ment million Minister months negotiations November obtained October opened Opposition Parliament Party passed payments pointed political position present President Press Prime problem produced proposed question raised received reduced regard representatives resigned result Right secure September showed situation Socialists South taken tariff tion took trade treaty United votes