Opposition in London To Loans to Germany

Manawatu Times, Volume 62, Issue 40, 17 February 1937, Page 3

Opposition in London To Loans to Germany

MONEY FOR MUNITIONS. LONDON, Feb. 4. In strong and even brutal language the Banker, a monthly London magazine regarded as the semi-official mouthpiece of the City, opposes further loans to Germany. It is believed that the article, which caused a sensation, marks the turning point in the City's policy to Germany. “It is clear," says the article, “that German political loaders, gambling for their livelihood, are prepared to gamble the lives of their people. Germany's ruthless foreign policy and tho blatant threat to peace of her vast rearmament has caused distrust to spread far beyond Europe. ‘ ‘ Goering says the Government prefers guns to buttor. No one with any real knowledge of the conditions of Germany accepts this gangster logic. “Any financial or territorial concessions to the present German regime would serve to perpetuate the gangster tyranny which forced Europe to become an armed camp.

“We should give no concessions to a country dominated by men worshipping force, who have shown no hesitation in using murder as an instrument of domestic foreign policy. Tho notion oi English money stemming the till* of Communism in Germany is inherently ridiculous. The money is more likely to be used for poison gas and other delectable munitions.''