New York, Sept. 15
The "New York Evening Post says that the Advisory Council of the Federal Reserve "Board haa made a recommendation to Presi dent Hoover to extend immediately the moratorium on war debts ta three or five years.
The Federal Advisory Council, which has power to call for gen: eral information and make recor mendations to the Federal Reserve Board consists of:—The Hon. W, Mellon, Secretary of the Treat ssuly; Mr.'J. W. Pole, Competroller of the Currency; Mr. Eugene ieyer, the banker and Farm Loan Commissioner; Mr. Adolph GE. Miller, the economist; Mr. Charles Hanlin, a Trustee of the Came" fe Endowment for International ence; Mr. George R. James," a merchant and a manufacturer Memphis, "Tennessee; and Mr. Edward H. Cunningham, a formee and formerly Secretary of the Towa Farm Bureau Federation—Reuter, Washington, Sept. 16.
According to. those closely touch with political and finance jafairs, powerful banking interest are urging that the Preside Should at "once announce Jcompreiensive policy with to war debts. The bankers unqu tionably want. the moratorium tended and they are anxious for the announcement of its ete made immediately.
Tu these circumstances, the-denial [from the White House that the Ad jsory Council of the Federal Tet Serve Board has recommended Pro: ident Hoover to extend the, war fSebe moratorium is being" take with a grain of salt—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.