• Short Summary

    US Treasury Under Secretary, Ogden Mills, press conference on the Hoover Plan for moratorium on repayment of World War I war debts.

  • Description

    USA: Washington DC:
    INT
    Ogden Mills (US Treasury Under-Secretary) press conference SOT
    - present depression is world wide / the conditions in other countries, more severely affected than our own, retard our recovery
    - usually there is little govts can do but inter-governmental debts are definite in form and their immediate impact can be suspended
    - amounts, which under normal conditions are not burdensome, weigh heavily in a period of depression and both psychologically and actually, are a real barrier to recovery
    - the president's programme will afford the world a much needed breathing space
    - his leadership will, in my judgement, go a long way towards restoring the confidence without which an early recovery from the current depression is impossible
    Background: US Treasury Under Secretary, Ogden Mills, press conference on the Hoover Plan for moratorium on repayment of World War I war debts.
    B/W footage.

    Herbert Hoover (US President 1929-1933) / politics / defence / economy / international relations

  • Tags

  • Data

    Film ID:
    VLVA4TA2KCAFX7A25WW53QH81VIFS
    Media URN:
    VLVA4TA2KCAFX7A25WW53QH81VIFS
    Group:
    Reuters - British Paramount Newsreel
    Archive:
    Reuters
    Issue Date:
    01/01/1931
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:55:00
    Time in/Out:
    /
    Canister:
    N/A

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