France, the necessity for meeting the situation by much greater practical co-operation than was so far devtloped. The Hoover moratorium was only a gentle preliminary to international action. Tlie situation might cause nations to wipe out reparations, cancel Inter-Allied debts and, by a remarkable manifestation of .international co-operation, remove the shadow that had rested on the world largely as a result of repercussions of the Versailles Conference. If the difficulties of the present situation led to effective international cooperation it would immediately restore business confidence and release the huge volume of credit that would be available for trade and industry, and the world might enter quickly upon a period of great prosperity.
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Hokitika Guardian, 15 September 1931, Page 6
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112Page 6 Advertisements Column 3 Hokitika Guardian, 15 September 1931, Page 6
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