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DOWNWARD REVISION

BRITISH PROPOSAL ATTITUDE OF CONGRESS

WASHINGTON, June. 13.', Although officially silent as-to th« war debts issue placed * before 'the World Economic Conference, the. Boose* velt Administration tonight, was represented as awaiting a formal British debt proposal, which is reported to ba an offer to pay portion of the instalment due on Thursday.- Accompanying the offer is expected to be a 'request for an extensive downward revision of the debts. ' • .; ■ ■ • Meanwhile speculation has11 been increased as to tho attitude of President Kooscvelt towards accepting,'...partial' payment. It is known that the legality of such action has been given close' study by the President and bis advisers. Any request for exensive debt.reduction is considered,certain to arouse an immediato emphatic protest from members of Congress,: whether they are still in session or not. ■ .' ;

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330614.2.97

Bibliographic details

Evening Post, Volume CXV, Issue 138, 14 June 1933, Page 11

Word Count
131

DOWNWARD REVISION Evening Post, Volume CXV, Issue 138, 14 June 1933, Page 11

DOWNWARD REVISION Evening Post, Volume CXV, Issue 138, 14 June 1933, Page 11