Salt Lake Telegram | 1933-12-14 | Page 3 | France Will Default on Moratorium Debt

I t FRANCE WILL DEFAULT r ON MORATORIUM DEBT 4 PARIS Dec Dee 14 P France JP-France France will def default de de- de- de f fault its ils first payment on its debt under un un- un- un dee der the terms of the Hoover moratorium mora mora- of 1931 in addition to its default de- de fault faulL on the regular war debt tomor tomor- S rowA row rca I A IA French note declaring the governments government's gov gov- intention to default was rudy ready for presentation in Washington today by Andre Lefevre de Labou Labou- J Ill laye French Trench ambassador to the Unit- Unit 1 id ed StateS State 5 It was understood the note based the refusal to pay the moratorium in an- of on parliaments parliament's parlia parlia- I allots ment's failure to ratify the payment IbIs Instalment is due tomorrow in lit Hi on to the war debt instalment r Qt at I