AMERICAN CONCERN

Hokitika Guardian, 8 June 1931, Page 6

AMERICAN CONCERN

OVER ALLIED DEBTS. : Unvoed Press Association. —By Electric Telegraph.—Copyright.] i NEW ,YDEK, June 6. The “New York Tiiiies’s” Washington corifJispondent telegraphs: “Germany’s efforts to suspend payment of reparations is considered to foreshadow a move to re-open the entire question of the inter-Alined Debts, with which will probably be linked disarmament questions.

The correspondent draws attention to the fact that both Air Stimson and Mr Mellor (United States Ministers) plan to spend their summer holidays in Europe, thus promising important conversations with England and France. The despatch also states that Senator Borah favours the revision of the reparations, that Senator having declared to-day:—“Revision seems to me to be expedient economically, and to be fundamentally just. There is nothing to be gained by anybody byforcing Germany into a complete economic breakdown. No nation ought to want to grind down into unspeakable misery the working people of Germany, and there is where the great weight of this burden falls.” Senator Borah added that increased armaments were a contributing cause to the European depression making it impossible for Germany to pay.