LUMP SUM CASH BASIS
BORAH JOINS OPPOSITION
WHAT AMERICAV
United Press _so_Uon—By Electrlo Tela-. ■•'.•■ graph—Copyright (Beceived 9th February, 11 a.m.) WASHIKGTON, Bth February^ Senator Borah on Wednesday threw his influence against the lump sum cash settlement of European war debts or any other settlement that embraced no. trade concessions for the United States. Mr. Borah said: _am not interested m any plan' that deals with debts which does not include the adjustment of the currency question and certain other problems which stand in the way of the opening of world markets and restoring trade and commerce. A lump sum payment would not do us any good of a permanent nature, unless we can find markets to restore the .purchasing power of the people."
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Bibliographic details
Evening Post, Volume CXV, Issue 33, 9 February 1933, Page 11
Word Count
123LUMP SUM CASH BASIS Evening Post, Volume CXV, Issue 33, 9 February 1933, Page 11
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