PROBLEMS SURVEYED.

Auckland Star, Issue 17, 21 January 1932, Page 7

PROBLEMS SURVEYED.

THROUGH- AMERICAN EYES. Y01!K, January 20. | A summary of American newspaper opinion 011 the present state of the reparations and j war debts situation seems to be expressed by a leading article in the Springfield (Massachusetts) "Daily News." j "It is increasingly apparent that intends to repudiate her debl'K," says the newspaper. "This situation augurs ill for American taxpayers, who liatve no alternative but to grin and bear St." The "Now Yoik World Telegram" says: "Politics wvre the- curse of the issue from the beginning ami arc now making a bad master worse. Ihe Lausanne Conference will probably patch tip a -temporary compromise agreement, then run away from the problem until it catches up with it again in a worse form, and Americfi is not 1 epi esen.ted. America should enter the conference with a definite programme, recognising that reparations and debts never will be paid." , The "New York, Post" says: "Whatever is done at L:aaisanne must be done quickly. A combfination of a long conference and the poliHical unrest attendant upon the approaching elections in the United States, Ifiranc'e and Germany would be highly <langerous." The "New York Times" says: "The high variability <yf German capacity to pay partly explains tlie French reluctance to adjourn sine die. To-day, they Germany »cannot pay, but that there is no about two years from now." « •; The "Hartford !Times" (Connecticut) states: "Congress js likely to be lenient with debtors who j expect to pay. It is likely to show 110 s»uch disposition toward debtors who that they hope eventually to avoitd. payment. A further moratorium gran taxi on the condition that it should 11 oti hinge upon the payment of German reparations should cause debtors to cease ttadk o- cancellation as a moral right." j The, "Boston Traveller' says: "News telling of the importance of Hitler seems to be overdrawn. We suspect that Berlui parades him to wojrry creditors into concessions that arc liirdlv due to the losei in a self-started war that nearly wrecked civilisation." i