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NO DEBT RELIEF

UNITED STATES ADAMANT VIEWS OF HOUSE LEADERS NOT EVEN A MORATORIUM. •.By Telegraph—Press Association—Copyright) Received May 7, 11.45 p.m. WASHINGTON, May 7. It was said in high official quarters on Saturday night that President Roose velt and the spokesmen for the European debtors were unable to agree on war-debt relief plans, and the stops the President will recommend to Congress remained problematical. Meanwhile, Democratic House leaders have privately voiced militant opposition toward any move by the Ad ministration for cancellation, reduction, or even a moratorium during the London Conference. Speaker Rainey said: “There will be no postponements or revision. If t’.ie debtors don’t want to nay they can default." Senate Democratics reiterated that the President would not request authority to revise the debts and even a temporary postponement would be granted by the Senate only after a fight. _

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https://paperspast.natlib.govt.nz/newspapers/WC19330508.2.55

Bibliographic details

Wanganui Chronicle, Volume 76, Issue 106, 8 May 1933, Page 7

Word Count
141

NO DEBT RELIEF Wanganui Chronicle, Volume 76, Issue 106, 8 May 1933, Page 7

NO DEBT RELIEF Wanganui Chronicle, Volume 76, Issue 106, 8 May 1933, Page 7

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