Balfour claimed that the British government had reluctantly decided that the loans that those countries had received from HM Treasury should be paid back and that reparations from Germany should be collected due to the need for Britain to pay its creditors, the United States.
•
The Under Secretary of the Treasury, Seymour Parker Gilbert, said the Note was "dangerously near to an attempt at repudiation...The insistence of the British on the theory that our loans to them were made in order to help their allies is about as irritating a piece of nonsense as has been pulled in the whole discussion about inter-governmental debts".
Arthur Balfour | Blue Note Records | Balfour Declaration | United States Note | Black Saint/Soul Note | Balfour | Eric Balfour | Betty Balfour | Balfour Beatty | Soul Note | Post-it note | Lord Balfour of Burleigh | Jabez Balfour | Balfour Stewart | Balfour Declaration of 1926 | American Bank Note Company | William Balfour Baikie | New York Bank Note Company | Hawaii overprint note | Federal Reserve Note | Balfour declaration | Arthur Balfour, 1st Baron Riverdale | ''Zabalius aridus''. Note external ear slits on anterior Arthropod leg | Volkswagen Golf GTI Adidas 5-door. Note the "Adidas | Stalin Note | Site of Krasnokholmsky Bridges, 1853, from ''Khotev's Atlas''. Note the channel separating Red Hills (triangular island) and the angle of bridge across Moskva River | Sir Robert Balfour, 1st Baronet | Sir James Balfour, 1st Baronet | Robert Balfour | Promissory note |