Show t D 0 HOLDERS PORT MADE active Councils Council's l York Vork rk Praised Jan 8 The P-The i and the securities Sion ion published today a re re- re Ithe foreign bondholders bondholders' ve council which represents in striving t to of principal and in ina inn in- in n defaulted foreign obliga obliga- a vo vo departments had named i lIo of visitors composed o of p. p 0 Douglas chairman o of reties commission and Her Her- Instate tate state department adviser advise national economic affairs the council recommended that tha a government agency ent sent foreign bondholders as asI I by the securities act o of II abandoned because th the bondholders bondholders' protective was the more appropriate UY it was said a gov gov- commission would have haved ted d the foreign relations his country back to dollar has arranged two twos readjustments adjustments s with Poland eight eight bond issues the lr reported ported two permanent a TS with China involving es iland and one permanent set- set with Uruguay involving ies les and hopes to conclude negotiation r drew a dreary pic- pic the Hie foreign bond situation ut said the board o of that the council earnestly and actively eng eng en- en g obtain adequate conn con- con n for American o accord them forceful and representation ben oen Clark Jr president of ofin in Bondholders' Bondholders Protective I Inc and first counselor in inS rS S 1 church first presidency alt Lake City Saturday he that the report had hadl hadI hadlen l I len n such favorable terms t lark fk said the visitors as d T been neen een invited a year ago c the council at Its own II I |