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TALK OF TOKEN PAYMENT

WAR DEBT TO AMERICA OFFER MADE BY ROOSEVELT. BRITISH COMPLIANCE EXPECTED ALTERNATIVE TO DEFAULT ■ • tPnited Prtoa Association —By Electric Telegraph Copyright.) NEW YORK, Nov. 5. Sources close to the President predicted to-day that the status quo of the Anglo-American debt situation, will be maintained by Britain’s offering and A'lr Roosevelt’s receiving another “token” payment in lieu of full payment, on December 15, says the Washington correspondent of the “New York Times.” Yesterday’s conference at White House was to discuss such arrangements. After all hopes of a final settlement had been abandoned for over a week Air Roosevelt has made such an offer. Britain is expected to comply as an alternative to default. Later the efforts will be revived to reach a permanent adjustment between 1 the two nations. ■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19331107.2.65

Bibliographic details

Hawera Star, Volume LIII, 7 November 1933, Page 5

Word Count
132

TALK OF TOKEN PAYMENT Hawera Star, Volume LIII, 7 November 1933, Page 5

TALK OF TOKEN PAYMENT Hawera Star, Volume LIII, 7 November 1933, Page 5

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