PAYING HER DEBT

Hokitika Guardian, 23 December 1932, Page 5

PAYING HER DEBT

BRITAIN’S GOLD

RECORD JSHIPMENT LEAVES

(United Press Association—By Electric

Teiegra p h—Copyright.)

LONDON, December 22.

The “Daily Mail” says: The largest single gold shipment which has ever crossed, ithe Atlantic Ocean is being carried in the White Star Company’s “Majestic,” which left Southampton for New York yesterday. The cargo included big Anglo-French consignments, their total valu 0 being seven million pounds sterling.

Armed police watched the loaded ship’s strong room, which is being specially guarded throughout the crossing-

U.S. DEBT DISCUSSIONS. NO AGREMENT REACHED. WASHINGTON, December 22. between, Mr Hoover and Mr Roosevelt on war debts and other international problems have failed to produce any substantial agreement as to the procedure, and informed circles consider that it is .strongly probable that little action will bo taken before March 4th. toward the final settlement of present difficulties,

■M/r Roosevelt, in correspondence made public to-day at White House declined “to accept any joint responsibility” in the appointment of a commission to explore the war debts and of her international problems, telling Mr Hoover, in effect, that he wishes to have a free, hand after he takes office on March 4th.

ROOSEVELT TAKES ACTION

APPOINTS OWN ADVISERS.

(Received Dec. 23rd. at 9.5 a.m.) LONDON, December 22.

The first impression of disappointment at Mr Roosevelt’s refusal to cooperate noth Mr Hoover was removed later by reports that the former had appointed his own advisers, Messrs Barrieh and Young. This action is interpreted as the decision to take a definite line on his own responsibility as soon as he enters White House. The choice of Mir Young is regarded favourably, as few have a better knowledge of European conditions than the author of the Young Plan.

LITTLE ENTENTE PAYMENT

BELGRADE, December 20,

The Tattle Entente decided to make no further war debt payments to Britain -and other creditors, unless Germany resumes payment of reparations.

FRANCE READY TO NEGOTIATE

(Received Dec. 23rd. at 11.5 a.m.) ' PARIS, December 22.

The Government, has announced that it is ready to negotiate with Washington on the lines of the Chamber s vota on December 14th., with a view to a general debt settlement. It is grateful that a serious effort lias been made at Washington since the vote to smooth out the difficulties.

Referring to it lie internal situation, the Government insists on drastic nuts and sacrifices on the part of all citizens, and the reorganisation of the pub'jo .service.