President ignores Congress on Spain loan ban directive
The President warned he would bypass Congress to compel a ban on loans to Spain, stating the directive unconstitutional and treating it as merely an authorization. He asserted Spain remains eligible to borrow after mutually agreed terms on security, repayment, and uses of funds.
MENTIONED IN THIS ARTICLE
Congress
Spain
Loans for Foreign Relations Interest Stated by Officials
A fragment notes officials discussing loans and their alignment with United States interests in conducting foreign relations. The context suggests cautious approval of lending when it serves strategic aims. No further details provided.
MENTIONED IN THIS ARTICLE
Aeters
United States
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