BRITISH PAYMENTS

Rotorua Morning Post, Volume 2, Issue 379, 14 November 1932, Page 5

BRITISH PAYMENTS

(Press. Assn.-

... ' . !v»' ; CONSIDERATION PROBABLY DELAYED FOR NEW PRESIDENT ACTION AWAITED In the absence of other arrangements regarding. war debt payments, which were temporarxly siispended under the moratorium, Bri^ tain will be under an ohligation* toi resume payments to the Uniifq| States on December 15. Th,«£ amount diie on that date consists of .£13,469,178 at par'on account of interest, and' £6,164,383 at par on account o'f principal. t,, •>» ?

-By Telegraph-r-Copyrlght) .

Rec. Nov.. 13, 7.0 p.mr Washington, Nov. 12. T'he State Department to-day aunounced that the British aiid E^ench. debt- notes would he publishedc on Monday morning; They are npt, awaiti ing for Mr. Hoover's a?rival. * Fur%eri . more, according to inf ormation ,f rhm Galifornia, Mr. Hoover is del.9-yingjliis arrival for one day in order* -to.jyist^ the Government irrigation .work ,*.q^ Boulder Dam. Apparently he d.oes not consider the matter so . pressing «^s earlier indicated. He talked-.-.to-j ofSi ciala at Washington by telephoue, hfit reserved comment. - ..J It is authoritatively understood th'at no communication : regarding • ,tl)ff question has been sent to Mr. Frapk^ lin Roosevelt, who- is at present p&t Albany, slightly indispose,d with A COld; *.. : ' . ' ;41 >t It is pointed 6ut that any move in the direetion of co-operation ,in the interim before * the inauguration of the President must come from. Mr. Hoover, but according to rpmour,. if is believed that the entire- matter,, ex? cepting . 'tli'e ' temporary measures...ip. reference to the Decmber 15 pay-? ments, will be left to the new-adr ministration. It is generally believed here .that no more notes will be forthcoming. It is aceepted that other. debtor nations will await action on feelers put out by Great Britain and France. . i.