A DEADLOCK

Rotorua Morning Post, Volume 1, Issue 128, 22 January 1932, Page 5

A DEADLOCK

(Press. Assr

LAUSANNE CONFERENCE

l. — By Telegraph — Copyright).

Rec. Jan. 21, 8.20 p.m. WASHINGTON, Thursday. An announcement from London of the postponement of the Lausanne Conference was received with regret in official circles here, though it was not wholly unexpected. While those in close touch with the situation were not yet ready to subscribe to the pessimism reflected in the London despatch that the Conference might not be held at all, a deadlock fs admitted" to exist, particularly in view of Dr. Bruening's refusal to acr cept a year's extension of the.moratorium. The situation, as it has developed in the lqst 24 hours, is held to be confirmatory of the reasonableness of the United States attitude that reparations and war debts must be copsidered apart and that the European nations should first agree upon reparations policy among themselves. Rendered Obsolete. The "New York Times" in a leader, to-day, comments on M. 'Laval's statement that France will not permit right of reparations to be taken away without point, and asks further what good does it do to insist op a right which has been rendered obsolete by events. Mr. Silas Strauchan, President of the United States Chamber of Commerce, in a radio address, said:-"We cannot settle the problem of reparations among our Allies; that is .their job, but we can and do insist that reparations and inter-Allied debts are separate and a big subjeet, and that when the ability of our debtors to pay is up for discussion, we shall be interested.