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Ref.:
CO 537/1374
THE NATIONAL ARCHIVES
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1
2
THE NATIONAL ARCHIVES
N
reflection be willing to accept my original
proposals.
6-7 I should add that I should see no objection the scale of revaluation in respect
to
of capital payments being weighted against the
Japanese yen if in general it can be assumed
that capital repayments were made to take
advantage of the special circumstances. It
Therefore
AIM
110
as
in
The aim would b, in other fatimes 9 Scheme
does how men seem essential to me to preserve
the principle that some value should be attributed
to payments made in Japanese currency at periods
when a
7.8
value attached to it.
As regards the issue of compensation referred
to in paragraph 7 of C.A.3366 I should make it
clear that I do not consider that any claim would
lie against Government to compensate for losses
resulting from debtor-creditor legislation.
Government legislation on this question is
essential in the interests of equity and good
administration and as such should not give rise
to compensation claims. The legislation will
merely determine where the loss caused by the
F
Japanese will lie. Af any question, of compensation
should arise therefore it would have to be dealt
with within the framework of war
FEATURES
Hu to distribute the burden of loss.
between deblå and creditin and nor- How it all
upon either one
I appreciate that these arrangements wearing in bony latex mage compensation.
war damage compensation do not permit claims of
this character to be condidered. I do not propose
to vary this principle at the present time but
I should be prepared to consider this question further should it be necessary.
. I should therefore be grateful if you would
reconsider the matter and let me know whether you
are now able to agree to my original proposals
ubject to the modification indicated in para. 2
bove. If you are able to agree and wish to make
/a public.
a the
other party.
[]
2 omit
дее штиле
Atnemer
1077 I would
mit
7082.
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