Lamont proposes a debt moratorium to Hoover

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• Lords of Finance whole source · open book

  Saying that he was about to make a suggestion that the president would “more than likely throw out of the window,” Lamont proposed that Hoover unilaterally declare a holiday on all payments on war debt and reparations.

  chapter: 19. A LOOSE CANNON ON THE DECK OF THE WORLD - 1931

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