LOCARNO CONFERENCE.

Hokitika Guardian, 20 October 1925, Page 2

LOCARNO CONFERENCE.

| i Australia A X.Z. Cable Association.] | Til FTC KX I XG POINT, j BKRLIX. oa. 18. Lord I)’ Ahcrnon, British Ambassador. in greeting the Gentian delegation mi their return from Locarno, congratulated them on ladtalf of Mr Chamberlain. who would always remember their spirit of sincerity and frankness. He added that the honor of taking tho initiative in the course of action resulting in the Pact Treaty belonged to tlic Gentian Government. The ]jienriio agreements marking a turning point in the history of Fttrope. The l.ocarito agreement reacted on the Stock Fxchange. causing a great advance in prices. l'H AXCF.'X PROBLEMS. PARIS. Oct. 18. 'L Caillnux for the purpose of resisting a capital levy, is presenting a bill for consolidating France's national debt at If per relit, thereby enabling the production of a sinking fund, of '■ hull one third i- to meet foreign ohLgat nee., mi l the remainder to ran- ' I 'l toe inieriml debit which is nmv abaorbinp 922(1. r H)O.()9d interest out of France’s income of £360.000.0110. I B EX( II Xf)T ENTHrSLASTIC. I”‘Tire 1,. ’ ’ Riurtcv 1 i Received this day at. 9.15 a.nt.) I.OXDON. Qct. 20. Ike “'limes” Paris correspondent declares it cannot he said Franco is genuinely enthusiastic over the Locarno Pact. M. Pohioaitv’s press generally lakes the viewpoint that hy surrendering the Rhineland France is giving nit her any guarantee against am A her German attack'. The average sronoli ma u also undoubtedly feels a certain amount of hesitation in believing the wolf is re all v going to become a lamb. It would he idle to pretend there is not a certain amount of mistrust and a fear that AT. Briand may have tilcdgcd Fra nee’s generosity lon inr. 'lbis feeling i- strengthened by He Pact and the object ions raised by the Nationalists in Germanv.

' AM ERICA X OPINION. l I f“ The Times ” Service.] i (Received this day at 9.30 a.mA r.ONDOX. Oct. 20. Tbe “'rimes'' AYasliington correspondent says President; Oonlidge regards the i.oearno Part ;.s a step towards ! (li-arninineiit. but he is not likely to take action, at least, until the result tif the Pact can he more fttllv estimated. It i- also believed the President is holding his hand at present, feeling that, with the addition of Germanv to its membership, tlie League of .Nations may become a so much more efficient peace organisation, a- to entitle it to assume the disarmament leadership. Th.-te i- undoubtedly a new spirit of friendliness towards the League and while of course the agenda of ativ L-'ague Con fere nee will have to be most carefully examined from the American view-point, there would certainly 1>? no disposition in advance to prevent full and hearty American cooperation therein if it can be possibly given.