Mr. Bonar Law was right when he said that under certain conditions Great Britain would be the only country to pay a war indemnity. Those conditions have arisen under his successors.
Criccieth, August 20th, 1923.
FOOTNOTES:
[4] M. Poincaré's speech at Charleville on August 19th, on the subject of French policy in the Ruhr.
[5] The British note was sent to France, August 13th, 1923, and M. Poincaré's reply was received on August 23rd.
[6] The German Government fell on August 13th, 1923, and Herr Stresemann succeeded Dr. Cuno as Chancellor.
[7] House of Commons, July 16th, 1923.