LAUSANNE PACT

Hokitika Guardian, 14 July 1932, Page 5

LAUSANNE PACT

AMERICAN POLICY UNCHANGED. ON REPARATIONS AND DEBTS. (United 'Press Association—By Electric Telegraph—Copyright.), w-\ " 'WASHINGTON,'VJuIy 12. Mr Stimsoh, upon the conclusion of the Cabinet meeting tfo-day, d'emled that .there had been conversations between the United States and othler Governments on reparation's or debts, after the pressmen called his attention, to statements in 'the’.’British Parli am'ent. '' v “There is absolutely no. truth there-, in. Our own representatives were not approached and there was no under-., standing with other Governments on that question. The. American policy is unchanged. I said that yesterday. I reiterabeit ; now.” : -. • - The 'Australian •; Press Association correspondent adds: “There were in-' dications of a belief in official quarters to-day, that iin the -heat, qj. the debate in ,tlie .Commons lost.//flight, things might;’ have been said inadvertently .that were not entirely accurate.” ; G' REPLY TO DOMINION MESSAGE. ' . AUCKLAND, July 13. . The Governor-General has rereived the following telegram from Mr Ramsay MacDonald in reply to congratulation of the successful issue of the Lausanne .Conference: “May I thank you and, ; the Government and people of New Zealand for the kind message of congratulation which you sent mie on my return frpm Lausanne. I arr happy to think that the first steps to\Va.rds a world recovery, have been taken, .which 'is in itself proof of a new spirit of international co-op:ration and goodwill.” .. U;0 r ■ ,OJ (K \ ' ANGLO-FRENCH .-RELATIONS. , , M. HERRIOT ,DESCRIBES PACT,.no .'Received this day nt 1,0.1 3 a.m.l i, ;.:i AV - PARIS, July 13. M. French pact ;as the resurrection of the entente cor.dhle, opening a, new era of Franco-British ; relations. France received the agreement with keen satisfaction, since it ends the possibility of a tariff war and maintains th e , status quo of Franco-British trade, pending the negotiation of the trade treaty at Ottawa. M. Harriot told -th? Chamber that, in the future, no problem affecting both countries could, be treated separately. The immediate consequence would be thnt Britain could not, a.' J in 1923, undertake debt:.-settlement payments to th e United without. previously consulting the French Government. Certainly, concerted . attitude .will facilitate negotiation* Washington.

EUROPE’S ECONOMIC PROBLEM. (British Official Wireless.) . RUGBY, July U. As n dir oft sequel to the I jPiis’tu l ' l Conference, the British and French Governments have issued an open invitation to other leading European powers to deall with future economic political problems in Europe in the same helpful spirit that prevailed at Lausanne. The general lines of the proposal werei announced simultaneously in the Commons and the French Chamber.