Washington, Feb, 19.
The United States has rejected in effect general Hungarian overtures for an adjusted settlement of her post-war debts to the United States, it was learned here to-day.
President Roosevelt, it was understood, however, left e door open to further discussions, Congressional circles believed that Hungary's proposed debt settlement was a decoy for large European nations, This fact was citied as the cause for the collapse of the negotiations, The Vice-President, Mr, John N.
Garner, was reported to have vigorously informed the President that the present Congress would not agree to reopen the debt situation.
Several European nations are known to be anxious to resume token payments to the United States it order to avoid the restrictions of the Johnson Act, This act prohibits American loans to nations in arrear: in their war debt payments to the United States—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.