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Foreign News November 22, 1932

Imperial Valley Press

El Centro, Imperial County, California

What is this article about?

Paris press reports France resigned to making its December 15 debt payment to the US, amid expectations of no postponement but possible future reconsideration, referencing Hoover's implied moratorium extension as he meets Roosevelt.

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OCR Quality

98% Excellent

Full Text

French To Make Debt Payment

PARIS, Nov. 22. (U.P.)—France is resigned to making her debt payment December 15, it was indicated today in the Paris press as President Hoover and Governor Roosevelt prepared for their meeting at Washington.

The majority of French newspaper correspondents in New York agreed that Washington would decline to postpone the London and Paris payments, but considered it likely the American government would reconsider the situation after the next payments are made.

Le Journal said France did not believe President Hoover would "forget his moral promise to Paris" meaning that the President had implied an extension of the Hoover moratorium, "nor will congress be indifferent to repercussions if the December payments are insisted upon."

What sub-type of article is it?

Diplomatic Economic

What keywords are associated?

French Debt Payment Hoover Moratorium Paris Press Us France Debt December Payment

What entities or persons were involved?

President Hoover Governor Roosevelt

Where did it happen?

Paris

Foreign News Details

Primary Location

Paris

Event Date

Nov. 22; December 15

Key Persons

President Hoover Governor Roosevelt

Outcome

france to make payment on december 15; possible us reconsideration afterward

Event Details

Paris press indicates France resigned to debt payment on December 15 despite hopes for Hoover moratorium extension; US likely to decline postponement but review later; Le Journal cites Hoover's moral promise and congressional sensitivity to repercussions.

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