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Itec. Dec, 3, 7.30 p.m. New York, Dec. 12. The New York Times Washington correspondent wires: At this late hour in the international discussions on foreign debt instahnents due on Thursday, it is apparent that on that day the United States will be the most unpopular eommunity in the world. The last British Note and M. Herriot's speech in the Chamber of. Deputies to-day, seemed finally to have brought the realisation that friendly admonition and repeated warnings from the doniestic press fail to convey the genei'al attitude of Congress that the debtors were bluffing when they had the money, and were simply following the ancient trade tradition of trying to get out of paying.
The correspondent adds that although it cannot he said that the attitude of the majority of Congressmen is softening, they seem surprised to learn that payments may really involve serious economic difficulties. Alany are becoming convinced that payments on December 15 will be the last note of the existing agreement, and under the leadership of Mr. Franklin Roosevelt the great Democratic majority will be obliged to make new foundations before June 15, 1933.
There is no sign of yielding on the written bonds for the December payments, and Mr. H. L. Stimson's statement to that effect has received unaninious approval in Congressional circles. The correspondent adds, that the fact that many Europeans will evaeuato the United States next Thursday has compelled most Democrats and many Republicans to receive with satisfaction M. Herriot's deelaration and blame Mr. Hoover for the view of debtor Governments that we have at least accepted the existence of a linlc betwoen debts and reparations. Hoover Little Power Mr. Hoover, heing overwhelmingly defeated, has little power, and Congress, therefore, is the ideal goat. Mr Hoover's moratorium, says the correspondent, is becoming increasingly unpopular. Many Congressmen repent their assent, and now warmly welcome M. Herriot's statement that Germany should be allowed to take the initiative. Sympathy with Great Britain is increasing, and the previous flow of adverse Congressional statement has practically ceased, but the f eeling still exists that her case with France was an adroit move'. The despatch concluded that not the least unfortunate in an unhappy week for European America, is that the day selected for Mr. HooveFs meeting with foreign ■diplomats is Thursday. "
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Rotorua Morning Post, Volume 2, Issue 405, 14 December 1932, Page 5
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392U.S.A. UNPOPULAR Rotorua Morning Post, Volume 2, Issue 405, 14 December 1932, Page 5
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