Monsieur Berenger, war debt expert, gives France’s viewpoint on President Hoover’s morator...(1931)
BRITISH PARAMOUNT NEWSREEL (REUTERS)
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Monsieur Berenger, war debt expert, gives France’s viewpoint on President Hoover’s moratorium on the World War I war debt - the Hoover Plan.
Full Description:
SLATE INFORMATION: French Debt Stand
FRANCE: Paris:
EXT
Journalist Q: what is his reaction to proposal made to Europe by President Hoover?
Henry Berenger (French Ambassador to Washington) interview SOT
- saying he understands reasons for Hoover plan due to bankruptcy of Germany
- French public opinion was surprised
- in German budget war debts represented 8% / France pays for her own debt 40% of total expenditures
- Our economic situation with a budget already showing two million deficit makes dangerous for us to impose such an additional charge on the French Taxpayer already more burdened than the German taxpayer
Background: Monsieur Berenger, war debt
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Monsieur Berenger, war debt expert, gives France’s viewpoint on President Hoover’s morator...(1931)