FINANCE PROBLEM

Hokitika Guardian, 10 October 1931, Page 5

FINANCE PROBLEM

FRANCK ’AND BRITAIN. (British Official Wireless.) • • RUGBY, October 8. - The British Foreign Secretary, Lord left Paris this evening 'for •London on the conclusion of the British conversations with French Ministers. A communique states that a complete and frank exchange of views took place regarding the present world situation, and as to the most appropriate measures to ameliorate existing conditions. The French Premier, M. Laval, and M. Briand (Foreign Minister) explained the results of their Berlin visit, and they referred to the forthcoming Washington visit of the French Premier, the importance of which, in the present circumstances, •was fully recognised'. The Ministers agreed that their Governments must maintain the closest contact and must continue in the interests of peace and of the restoration of world economics, their friendly collaboration. In a press interview before leaving Paris, Lord Reading, who expressed great satisfaction with the results of his visit, described as preposterous the report published that he had discussed with M. Laval the question of stabilising the pound sterling at 16s. Lord Reading said that no such question had been raised at any time during the Paris conversations. Lord Reading said he wished complete success to the Franco-German negotiations, which began at Beilin, saytr that, only by closer co-operation b-tween France and Germany could the rehabilitation of Europe be secured. Britain would support such a policy.