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RECENT DEVELOPMENT OF FINANCIAL PROBLEMS IN FOREIGN
RENEWAL OF STABILIZATION EFFORTS 2 2
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abroad agreements American amount Annual Report balance Bank for International Bank of Washington Bondholders Protective Council Britain British capital central banks Committee Corporation coun country's creditor currency debtor governments default Department of Commerce depreciation double taxation economic Ended June ernment exchange control exchange restrictions export trade Export-Import Bank Foreign Bondholders Protective Foreign Debt foreign dollar bonds foreign exchange foreign governments foreign securities foreign trade France German gold basis Gold Reserve Act gold standard governmental Ibid imports increase indebtedness interest International Settlements investments issues July June 15 June 30 League of Nations loans Madden and Nadler March March 23 ments monetary negotiations obligations operations Pasvolsky percent post-war President press release problem purchase rates Reconstruction Finance Corporation regard reparations respect Sauvain Secretary stabilization funds sterling tion transactions Treasury Department U. S. Congress U. S. Department United States Government various Warren Lee York