Show SOVIET CREDIT MAY BE DENIED WASHINGTON Feb 1 A If-A T A move to scrap the bank setup to fostel foster fos fos- tel ter credit to soviet t Russia was considered considered considered con con- by officials today after ater attempts attempts at at- tempts to reach a settlement o of Moscow's Moscow's Mos States Slates had cows cow's debt to the United collapsed The way for 8 such u c h action waso was o opened ned by S Secretary Hull last night after aCter a final talk with Ambassador at which the United States Slates flatly y to meet the sovI soviet t governments government condl condition ion for lor a debt accord This condition was understood understood un un- to be a cash loan from the American government Reporting that the year long negotiations negotiations negotiations must now must now be regarded as having come to an end the secretary secre- secre tar tary of oC state added that it devolved upon the trustees o of the administrations administrations administrations administration's tion's export import export imPort bank to decide now whether there is any Rny any good reason reason reason rea son for continuing its existence No statement was vas forthcoming Immediately immediately im mediately from the bank which was established to guarantee credits ex extended extended tended by private industries on antici antici- Dated gated Russian orders I |