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WAR DEBT RELIEF

CONGRESS OBDURATE

PRESIDENT'S DIFFICULTY

. WASHINGTON, May 7. It was said in high quarters on Saturday night that President * Koosevelt and. the spokesmen for European debtors are unablo to agree on war debt relief, and the steps jthe President will recommend to Congress remained problematical. Meanwhile the . Democratic House leaders privately voiced militant opposition towards any move by the Administration for cancellation, reduction, or even a moratorium during the London Conference. • The Speaker of the Senate, Mr. Bainey, said there would be no postponements or revision. "If the debtors don't want to pay they, can default," he added. . ■ ■' Senate Democrats reiterated that the President would not request authority to revise the debts. Even a. temporary postponement would be granted by; the |Seat.tf oa]g *ft«s § fight, .11 _i

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https://paperspast.natlib.govt.nz/newspapers/EP19330508.2.80

Bibliographic details

Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 7

Word Count
129

WAR DEBT RELIEF Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 7

WAR DEBT RELIEF Evening Post, Volume CXV, Issue 106, 8 May 1933, Page 7