BANKER'S PLEA
NEW YORK, June 14. The assertion that reparations and debts arc contributing more than anything else to present unsettled conditions was made by Mr. Stewart Baker president of the New York Bankers Association, in a significant speech. in which he advocated the reduction of both reparations and inter-Allied
I'ebts, and at the same time a cut in armaments. Mr. Baker urged the nations to "sit lown in a sp'rit of friendly co-opera-ion and work out a plan to remove he greatest obstacle to a return to normality. "We should," he said, "stand ready to concede as much proportionateiy as any other nation . . . the w fifare of the United States is inescepably dependmt on conditions tlirough>ut the world." Ile demanded, however. the reduction of armaments as a eondition of TTr.itecl States' leniency in this respeet.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19320815.2.52
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 301, 15 August 1932, Page 6
Word Count
136BANKER'S PLEA Rotorua Morning Post, Volume 2, Issue 301, 15 August 1932, Page 6
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in