MORE OPPOSITION
(Press. Assn.-
FROM BUSIHESSMEN
— By Telegraph — Gopyrlght) .
Rec, Nov. 27. .0 p.m . New York, Nov. 26. The principal development in the war debts situation to-day was the1 publication of a lengthy report from the United States Chamber of Commerce strong'ly opposing cancellation, and advocating a temporary postponement of the payments by the countreis unable to pay and revision where advisable, conditionally upon reduction of armaments and eompensatory trade^advantages. As a businessmen's viewpoint, the report declares the adjustment must not throw an undiminished burden upon the American taxpayers. The report then made five recommendations : (1) Postponement. (2)^ Revision or modifieation. (3) Definite provision for such treatment of our trade as will ensure success to American goods on fair competitive terms. This is interpreted as advocacy of the pref erential trade agreement. (4) Reduction of armaments. (5) Rejection of cancellation proposal. The report bears the signature of the president, Silas Strawn, and includes Messrs Melvin Taylor, Julian Barnes and other distinguished sign1 atories.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19321128.2.23.6
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Rotorua Morning Post, Volume 2, Issue 391, 28 November 1932, Page 5
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163MORE OPPOSITION Rotorua Morning Post, Volume 2, Issue 391, 28 November 1932, Page 5
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