10/25/1931
https://www.presidency.ucsb.edu...
"We are not involved in the discussion of strictly European problems, of which the payment of German reparations is one."
"No, no payments due until the 15th of December."
"But as the basis of the settlement of these debts was the capacity under normal conditions of the debtor to pay, we should be consistent with our own policies and principles if we take into account th..."
"The law will require action by Congress, but with this support I assume that Congress will act favorably."