GERMAN “BIG PUSH”

Hokitika Guardian, 7 September 1932, Page 5

GERMAN “BIG PUSH”

DECREES NOW LAW FOR RESTORATION OF INDUSTRY (United Press Association—By Electric

Telegraph—Copyright.)

BERLIN, September 6

Midnight -saw th© beginning of Germany’s “Big Push”, the President’s new decrees, as outlined by Chancellor Von Papen a week ago, becoming law.

It isi expe.ted ‘that the tax bonus scheme will result in one million sterlng worth of credits being placed at the disposal of industry. Among the decrees signed by President Von H'indenburg is one authorising thd employers to reduce wages by from 12 j to 20 per cent.., provided that they increase the number of their hands by one quarter. Generality speaking, the greater the addition which the emp lover makes to his staff the larger ic the permissable reduction in the staff pay.

CLAIMS FOR ARMS EQUALITY.

MUST BE MET IN PAIR SPIRIT

LONDON, September 6.

"The Times” says:—Geneva is no doubt 'the place where the' final discussions on Germany’s arms equality claim must be held and binding decisions' taken, but it is not too early to devise a policy which will meet the demands of Germany, insofar as they ar® found to be legitimate and at 'the isame time 1 safeguard the principle of limitation. “A middle course must be found. The German claim must be met in the spirit and by practice of the pact of mutual confidence, 7 and the claim will of course, be taken into consideration on 'the assumption that the German loyalty to the League of Nations and to its principles isi not in doubt. On that understanding it .should he. possible to reach an international agreement.” FRENCH VIEW OF CLAIM PARIS, 'September 6. a M. Leygues, French Minister of Marine,'says that Germany’s claim to armaments equasiity is equivalent to the abrogation of the Versailles Treaty. M. Leygues is convinced that France wilfl stand my M. Herriot’s side. 1 CONSIDERATION «• ITALY. ROME; September 6. . Tb Government of Italy,, after ex~ aminihg thb clauses of the Versailles Treaty relating to ! the German military status,, has formed the opitiion that those clauses favour the German viewpoint, but the Go-.wnment considers that the proper place at which to raise the question is the Disarmament Conference, which, Italy hopes would result in a concrete scheme of generaOl disarmament.