Word: moratorium
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Germany must agree to observe a "political moratorium" for the next ten years; i. e.. there must be no more agitation for revision of the Treaty of Versailles, return of the Danzig corridor, return of German colonies...
Germany must agree to resume Young Plan payments immediately on the cessation of the Hoover Moratorium...
...London, the Hoover Moratorium committee of experts, almost forgotten by newshawks, met and immediately adjourned. There was nothing for them to do while Europe's statesmen remained cloistered in Paris. Just what was happening in Paris reporters did not learn, though the air was thick with rosy generalities...
Next morning strictly-legal Premier Blanquier announced a complete moratorium on Chile's foreign debt at least until...
Immediately affected by the moratorium were British and U. S, holders of Chilean bonds. Some $2,040,000 that should have been paid them in interest last week was deposited in Santiago banks to bolster the Government's local credit. But U. S. interest in Chile goes far beyond the holding of Government bonds. According to the U. S. Department of Commerce, in 1929 U. S. direct investments in Chile totalled $442,000,000. Most important companies were Baldwin Locomotive Works; Wright Aeronautical Corp., having local factories; All America Cables, which beside its cable business operates the local telephone...