DETAILS DISCLOSED

Rotorua Morning Post, Volume 2, Issue 276, 16 July 1932, Page 5

DETAILS DISCLOSED

(British Offlcial Wireless)

FOREIGN OFFICE PUBLISHES TEXT OF "GENTLEMEN'S" AGREEMENT ATTITUDE OF U.S.A.

RUGBY, Friday A Whlte Paper issued by the Foreign Office contaiiiing further documents relating to the Lahsanne settlement, including the tekt of the so-called "gentlemen's agreement," which is in the form of a "propegs verbal" (official report), being initialled on behalf of Britain, France, Italy and Belgium. The followirig is the text: — "The Lausanne Agreement will not come into finai effect until after ratification as provided for in the agreement. So far as the creditor Governments, on whose behalf this 'process verbal' is initialled, are concerned, ratification will not be effected until a satisfactory settlement has been reached between them and their own creditors. "It will b open to them to explain the position to their respective Parliaments, but no speeific reference to it will appear in tbe text of the agreement with Germany. "Subsqeuently, if a satisfactory settlement about their own debts is reached, the aforesaid creditor Governments will ratify it . and the agreement with Germany will come. irito full effect; but if no such settlement can be obtained the agreement with Germany will not he ratified, a new situation will have arisen, and the Governments interested will have to eonsult together as to what should be done."