GENERAL POSITION
BRITAIN'S PROPOSAL Rec. Nov- 23, 8.5 p.m. V/ashington, Nov. 22. The general subjects of war debts, farm relief, the possibility of a special session, and Government economy were discussed on Tuesday night by the President-elect, Mr. Franldin Roosevelt and a group of Democratic leaders. No decisions were reached, but Mr. Roosevelt informed his confreres that Mr. Hoover and Mr. Hill told hiin that Great Britain would pay 90,000,000 dollars (£18,000,000) approximately, at par due in December, but unless the United States Government made some gesture toward considering the debt, would pay no more. Mr. Roosevelt is also understood to have said that Mr. Hoover told him that if some gesture were not made regarding foreign debtors, a grave situation would ensueMr. Rosevelt is desirous of an enactment of a farm relief programme during the coming- session, a sharp slash at Government expenditure and the enactment of the beer legislation in order to avert a special session early next year.
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Rotorua Morning Post, Volume 2, Issue 388, 24 November 1932, Page 5
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161GENERAL POSITION Rotorua Morning Post, Volume 2, Issue 388, 24 November 1932, Page 5
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