MR MELLON

Hokitika Guardian, 27 January 1930, Page 5

MR MELLON

1 ON WORLD POSITION.,

[United Press Association—By Electric Telegraph .—Copy right.]

, (Received this day at 8 a.m.) NEW YORK, Jan. 25. The “New York World’s” Washington correspondent says that Mr Mellon in •an authorised interview, gave a powerful plea for a further reduction . of naval .armaments. He reviewed wnat he called “the surprising recovery from war,” of the entire world. He said: “It is an augury full of hope, tnat in the decade just opening we are concerned primarily.- with the efforts of London to make peace more sure. War is still responsible for the major part •of our expenditures. It is in the light of these facts we must give whole--hearted support to all intelligent honest efforts to reduce the heavy burden :• of - armaments to the lowest points ‘ consistent with safety and peace of the world.” Asked if he was satisfied with the progress of the United States and otliet countries since the war, Mr Mellon le- . plied: “Satisfied is hardly the word to use in that connection. I be never satisfied, no matter how gieat the progress has been. However, I hink the worst pessimist will agree that the conditions of the world at large are more stable, and tlie average man’s chances are thereby improved.”