USA: 1931: Sir Josiah Stamp discusses Hoover war debt plan (1931)
BRITISH PARAMOUNT NEWSREEL (REUTERS)
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One year’s suspension of war debts proposed. Sir Josiah Stamp, world famous economist, discusses plan.
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SLATE INFORMATION: Hoover Debt Plan
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Sir Josiah Stamp (Economist) discusses Hoover war debt plan SOT
- saying Hoover plan proposing a one-year moratorium of payments of reparations debts after World War I is one stage in repayments of debts - most of which are owed to America
- great importance for recovery of trade and important item in recovery of Europe from great depression and unemployment
Background: One year’s suspension of war debts proposed. Sir Josiah Stamp, world famous economist, discusses plan.
B/W footage
Economy / World War I / Herbert Hoover (US President) / Germany
FILM ID: VLVADOLGX0QOB13P6O39VXD256LSV
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