The Balfour Note links war debts to reparations
Citations (1)
- Lords of Finance whole source · open book
Indeed, in the middle of 1922, the British government made the connection explicit in a note drafted by Arthur Balfour, then acting foreign secretary, that Britain would collect no more on its loans to its Continental allies and on its share of reparations from Germany than the United States collected from it as payments on its own war debts.
chapter: 8. UNCLE SHYLOCK - War Debts