NOT DEFAULT
MR ROOSEVELT’S ASSURANCE. SENATOR REED DISSATISFIED, (United Press Assn.—Telegraph Copyright.) (Rec. 11.30 p.m.) Washington, June 14. Mr Roosevelt stated to-day that the debt payment in no way prejudiced either Government in subsequent_ discussions. He also outlined the history of his negotiations with Britain, and averred that only Congress had the right to alter the amount or method of payment of the debt. He reiterated America’s intention not to discuss debts a* the London Conference, and concluded: “I have no personal hesitation in sayihg that I do not characterize the resultant situation as default,’ During a discussion in the Senate Senator Reed declared that Britain had defaulted. There was no shadow of a suggestion of their inability to pay;
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Bibliographic details
Southland Times, Issue 22043, 16 June 1933, Page 7
Word Count
120NOT DEFAULT Southland Times, Issue 22043, 16 June 1933, Page 7
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