Germany will not be able to pay in full her $51,000,000 obligation to the United States which becomes due on Saturday. but may make a token payment so as not to be classed a defaulter. it was learned today.
A meeting to consider how to handle Germany’s obligation was held at the State Department on Wednesday. Among those present at the conference was William E. Dodd. American Ambassador to Germany.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.