WARNING TO AMERICA

Hokitika Guardian, 28 December 1931, Page 6

WARNING TO AMERICA

EMPHATIC STATEMENT BY BORAH. ABORTIVE CONFERENCE. i United Preflß Aiaaociation. — By Electru Telegraph. —Copyright.] WASHINGTON, December 24. A warning, that the United States must “come out of Europe and stay out” unless European countries put a stop to reparations, and drastically cut armaments was issued to-day bj Senator Borah, chairman of the Senate Foreign Relations Committee. Senator Borah’s demand was made in a formal statement commenting on the report of the Young Plan Commission at Basle. “I can see no recovery in Europe until reparations are cut or eliminated iiritheir entirety,” he said. “For twelve years conferences have been held and readjustments made, but none has brought relief.The Alternatives. “If Europe cannot see her wav clear to end reparations and drastically cut ’armaments, the United States had better come out of Europe and stay out. ‘Tt will cost us something to come out, but it will bankrupt us to stay in. Since 1915, in one way-or another, we have put close to 45,000,000,000 dollars in Europe. It has not ended.the economic crisis in Europe, and has-brought an economic crisis to the United States. Reparation Payments, “It has been said that France is entitled tb her unconditional payments to cover her damages. The answer is that Germany has paid, in different ways on reparations, some 9,500,000,000 dollars. Fifty-two per cent of this has gone to France. This gives her an amount equal to, if not greater than, her damages according to her own estimate.” Questioned about his phrase “drastically cut armaments,” Senator Borah indicated that he meant a 30 or 40 per cent reduction. He had previously indicated his belief that peace could not be restored in Europe until the Versailles Treaty had been revised.