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WAR DEBT DISCUSSION

WASHINGTON DEADLOCK

AMERICA PREOCCUPIED

NEW YORK, October 28. The Washington correspondent of tho "Now York. Times" says the British War Debt Delegation will formally call on President Roosevelt within a few days. Administration circles expect that tho result of the confereneo will be the shelving of the debt discussions for an indefinite period. Persons-who were in close touch with the threo conferences declare that the viewpoints aro so far apart that the discussions were limited to general statements of each nation's position, and no definite offers wero advanced. The inauguration of the new monetary policy and the strain of the National Recovery Act programme made tho negotiations more difficult. The pending Soviet recognition conversations are hold to be another factor in making a postponement desirable. It is thought that President Roosevelt will offer Britain an opportunity to make another "token" payment, which, although not satisfactory to London, will probably be accepted as the only alternative offered to avoid default.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19331030.2.88

Bibliographic details

Evening Post, Volume CXVI, Issue 104, 30 October 1933, Page 9

Word Count
162

WAR DEBT DISCUSSION Evening Post, Volume CXVI, Issue 104, 30 October 1933, Page 9

WAR DEBT DISCUSSION Evening Post, Volume CXVI, Issue 104, 30 October 1933, Page 9