FAVOURABLE RECEPTION OF NEWS
EFFECT ON WORLD ECONOMIC CONDITIONS
(British Official Wireless.)
(Received Blli July, 11 a.m.)
RUGBY, 7th July,
News of the agreement readied laic last night in Paris between the French and American negotiators on the Hoover war debt moratorium plan was received in London with satisfaction. There was an immediate response on the Slock Exchange, which was well maintained during ihe day. Reports from Paris and Berlin show a similar strengthening of the market position. General satisfaction is expressed in London that an agreement, has been reached, and no w that the plan is in force as from Ist July confidence is felt that the financial situation in Germany will at once be eased. A favourable effect on world economic conditions will, it is hoped, soon reveal itself.
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Bibliographic details
Evening Post, Volume CXII, Issue 7, 8 July 1931, Page 10
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131FAVOURABLE RECEPTION OF NEWS Evening Post, Volume CXII, Issue 7, 8 July 1931, Page 10
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