EUROPE FACING BANKRUPTCY

Dominion, Volume 13, Issue 37, 7 November 1919, Page 7

EUROPE FACING BANKRUPTCY

GRAVE SITUATION EXPLAINED BY EMINENT AUTHORITY

THE FIGHT-THE-FAMINE CONFERENCE

By Telegraph—Press Association—Copyright (Rec. November G, 5.S p.m.) London, November J. The public is watching tho gathering of Germans for tho Fight-the-Famine Council's International Conference with alert, though disdainful, interest. America, France, Holland, Russia, and Belgium are represented. Sir George Paish explains that tho confereneo is designed to overcomo tho food scarcity, and the restoration of the exchange, credit", transport, and the old social and political Delations. Tho Government has granted passports on oondition that the conference is held, iti secret. Tho economic financial situation is exceedingly dangerous. Europe faces bankruptcy and chaos, and tho first step is', to make all the peoples understand the peril. Then tho statesmen can take tho necessary measures. The Council insi6ta that no part of Europe can bo omitted from ifcs survey, because only international action can bo effective.—The "Times." [Sir George Paish. joint-editor of "The Statist," is also Governor of the London School of Economics, and from 1914 to 1916 was advisor to tho Chancellor of the Exchequer and tho British Treasury on financial and economic questions.] A GRIM OUTLOOK. (Rec. November 6, 1.55 p.m.) London, November 4. Fiftv delegates attended the secret "Fiirht-Uie-Famjne" Council at C'axton Hall, including ex-enemy delegate?, who testified to the sufferings in Austro-Gor-manv and Russia owing to the famine breakdown. • Professor Starling said he believed that millions would die of starvation in Germany in the coming winter.'-Aus.-N.Z. Cable Assn.