British Commonwealth of Nations: U. S. Debts

The states of Alabama, Arkansas, Florida, Louisiana, Mississippi. North Carolina and South Carolina owe to British creditors repudiated debts, dating from the U.S. Civil War, to a total "with interest to date" of 50 million pounds ($250,000,000), or one-tenth of the present British debt to the U.S.

Such, in essence, was the charge revived last week by the British weekly, Truth, whose editor appended a scathing comment:

"The substance of the whole matter is that the states of the American union owe a very large amount of money, which...

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