Abstract

An Appeal to Reason
Villiard, Oswald Garrison | December 30, 1931 issue

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The U.S. House of Representatives having voted by 317 to 100 for the bill to authorize the moratorium to the U.S. foreign governmental creditors promised by U.S. President Herbert Hoover last summer, the Senate is also engaged in passing it. That is right and proper. It settles the question whether Congress will or will not approve the President's action. Unfortunately, the bill contains a proviso flatly rejecting the idea of the cancellation or reduction of Europe's debts to the United States.

See Also:

DEBT; BILLS, Legislative; HOOVER, Herbert, 1874-1964; PRESIDENTS -- United States; UNITED States. Congress. House; DEBTOR & creditor; EUROPE; UNITED States
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