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Hull Defers Barter Decision

up their press in the town of that name in the Duchy of Milan in 14##, were the first to print the Hebrew Bible. here that negotiations on the cotton deal were ready to be concluded. Before final action could be taken, however, the deal had to receive State Department approval. In view of the […]

December 18, 1934
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up their press in the town of that name in the Duchy of Milan in 14##, were the first to print the Hebrew Bible.

here that negotiations on the cotton deal were ready to be concluded. Before final action could be taken, however, the deal had to receive State Department approval.

In view of the fact that the barter proposal represents a wide departure from Secretary Hull’s policies on foreign trade, it is expected that the State Department’s approval is being withheld.

It is likely that before final action is taken Secretary Hull may take the matter up with President Roosevelt.

The plan involves German purchase of as much as 800,000 bales of American cotton for which in payment Germany would be enabled to send to this country goods to be sold in exchange.

There is strong pressure from t## South for the German barter deal to go through.

up their press in the town of that name in the Duchy of Milan in 14##, were the first to print the Hebrew Bible.

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