CURSE OF POLITICS

Rotorua Morning Post, Volume 1, Issue 127, 21 January 1932, Page 5

CURSE OF POLITICS

(Press. Assn.-

american press opinions of present debt situation VIEWS MARICED BY SCEPTICISM

— By Telegraph — Copyrlght).

Rec. Jan. 20, 8.40 p.m. NEW YORK, Wednesday. A summary of American nbwspaper opinions of the present state of the reparations and war debts situations sepms expressed by a leader in the Springfield (Massuchussets) "Daily News" which reads as follows"It is inereasingly apparent that Germany intends to repudiate her debts. This situation offers ill for American taxpayers who have no alternative but to grin and bear it." The New York "World-Telegram" says : "Politics have been the cuf se of the issue from the beginning and now are making bad matters Worse. The Lausanne Conference will probably patch up a temporary compromise agreement and then run away from the problem until it catches up with them again in a worse form, and America is not re-presented. America should enter the Conference with a definite programme. Otherwise the reparations and debts will never be paid." The "New York Post" says: "What ever is done at Lausanne must be done quickly. A combination of a long conference and the political unrest attendant on the approaching elections in the United States, France and Germany, would be highly dangerous." , . The "New York Times" says: "The high variability of the German capacity to pay . partly explains the French reluctance to adjourn consideration of .the reparations problem sine die. To-day they argue that Germany cannot pay, but there is no telling about two years from now."