Political Quotes

On the recordJune 20, 1931
The American Government proposes the postponement during 1 year of all payments on intergovernmental debts, reparations, and relief debts, both principal and interest, of course, not including obligations of governments held by private parties.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement Announcing the Proposal of the Moratorium on Intergovernmental Debts.

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