Interim Report on Money and Prices, 1920 (Classic Reprint)

Excerpt from Interim Report on Money and Prices, 1920

The allocation to the different Governments of their quota of the loan would, of course, be based upon relative needs as regards imme diate requirements for consumption, and requirements for productive purposes, taking into account the effects which a loan to a particular country would have upon the general economic restoration of Europe.

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