Includes: Foreign Office statement of amounts due to the United States with copy of related correspondence between William Phillips, American Under-Secretary of State, Sir Ronald Lindsay, British Ambassador to the United States and Henry Stimson, American Secretary of State; Conservative and Unionist Central Office hints for speakers on war debts; press cuttings reporting speech by LSA on avoiding a default on the debt and also American replies to proposals from Britain; article by Archibald Campbell on the American record of defaulting on loans.