Washington, July 1.
He had not received any reply to ihe Notes addressed to Berlin and demanding that the Reich recognizes her responsibility for the Austrian Loans, the U.S. State Secretary Mr. Cordell Hull declared in a Press interview today.
He refused to comment on the Anglo-German financial agreement on this subject The State Department maintains a rigid attitude in its Notes to the Reich, diplomatic quarters assert They also declare themselves opposed to the introduction of any secondary questions into the discussion of the Austrian debt. By secondary questions they mean problems such as changes in the interest rates due on the Dawes and Young Loans.—Havas.
Dawes Loan and Austrian seven per cent, loa of 1990—five per cent. inter-gsf ud two per cent cumulative sinking tun Young Loan and Saarbruecken Loan—4% per cent. interest and one per cent. cumulative sinking fund, the latter te begin after two years, "The service of the German Government four per cent. funding bonds and also of the Austrian Government Creditanstalt bonds owned by British holders will continue in full.
"In respect of other medium and long-term debts of Germany and Austria, there will be a temporary settlement under which, during the next two years, coupons, dividends, cie, will be paid in cash at 50 per cent of their nominal amount, with a maximum of four per cent.
"The standstill agreement relating io banking debts is not affected.
Text read from the printed page and cleaned; old type leaves the occasional error.