EXPERTS AT ODDS
PROFESSOR GREGORY PROPOSES MECHANISM TO ADJUST DEBTS. uUTCOME OF CONFERENCE. LONDON, Monday. The World Conference discussion reveals the customary conflict. For example, Jrrofessor Gregory, in a letter to the Manchester Guardian, says: "If language fails the World Conference will be useless, and if Lausanne proves an unexpected success the World Conference will be superfluous." People will not re-invest, therefore a monetary policy, designed to raise prices, may add to the disruptive forces. He proposes an improved mechariism, wherehy fixed interest-bearing dehts can be adjusted to price levels, and an impartial tribunal to examine the nations' claims for relief without loss of self-respect.
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Rotorua Morning Post, Volume 2, Issue 253, 17 June 1932, Page 2
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105EXPERTS AT ODDS Rotorua Morning Post, Volume 2, Issue 253, 17 June 1932, Page 2
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