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The Government are morally right in their firm rejection of

a scheme of sacrifice which is proposed by America but in which - America does not appreciably .. share. We notice with regret, however, that members of, the Labour and. Liberal Parties, with. their eyes on the General Election, are preparing to.charge the Govern- ment with indifference to the interests of the taxpayer. It passes our understanding how any genuine lover of peace can allow himself such language. The percentages are a matter of principle, but the boons of a Reparations settlement cannot be measured in terms of a few million pounds. *

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