CONGRESS' POLICY
;s Assn.-
ebts to america definitely opposed to cancellation or reduction moratoMtum approved
'-Sy Telegraph— Copyrig-ht.)
WASHINGTON, Thurs. fhe Honse of Represeritatives lys and Means Gommittee tof adopted an amendment to the over nioratorium declaring the icellation or reduction of forn dehts to be against the policy Congress. - ; e amendment, as proposed by Ragon (Democrat — arkansas ' "It is hereby expressly declai*i be against the policy of Conthat any of the itadebtedness of countries to the United States ' d be in any manner cancelled or . :ed, and nothing in this joint re- ' ion for ratification of the Hoover torium shall be construed as ining a contrary policy, or as an cation to give favourable conition at any time to a change in lolicv herebv declarpd
;er the moratorium took its first ative hurdle by gaining the ap,1 of the Ways and Means Come. 3 committee attached to their; t an announcement that four crats had voted against giving aoratorium a favourable report ! House.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 101, 19 December 1931, Page 5
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164CONGRESS' POLICY Rotorua Morning Post, Volume 1, Issue 101, 19 December 1931, Page 5
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