REICH WOULD SEEK PRIVATE DEBTS CUT AT WORLD PARLEY; High German Official Expresses Hope for Interest Reduction or Capital Conversion. REACTIONARIES LEAD MOVE Cabinet Reverses Stand of Its Predecessor, Which Advocated Payment in Full. INDUSTRY BLOCKS PROJECT Reichsbank and Other Banks Object to Government Tampering With Private Obligations. REICH WOULD SEEK PRIVATE DEBTS CUT
By Frederick T. Birchall.special Cable To the New York Times.by Frederick T. Birchall
A Hugenberg asks liquidation of debts by conversion; Germans hope interest cuts or conversion will be discussed at world economic conf; 3 types of debts listed
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