NO REDUCTION.
Remove International Trade
Barriers.
DEMOCRATIC VIEW.
(Received 1 p.m.) WASHINGTON, January 25. Mr. Henry Rainey (Democrat, Illinois), the floor leader in the House of Representatives, predicted to-day to newspapermen that "no reduction or cancellation of war debts will result from the conference to be held after Mr. Roosevelt takes office. The American people arc not going to stand for a reduction in debts.
"Debt conferences should he linked with the World Economic Conference. The thing to do is to bring about a removal of international trade barriers so that trade can be revived. The conferences already projected hold the only possibility for opening up trade routes and giving our debtors a chance to pay."
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Bibliographic details
Auckland Star, Volume LXIV, Issue 21, 26 January 1933, Page 7
Word Count
116NO REDUCTION. Auckland Star, Volume LXIV, Issue 21, 26 January 1933, Page 7
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