FORWARD VIEW.

Auckland Star, Volume LXIII, Issue 137, 11 June 1932, Page 9

FORWARD VIEW.

LAUSANNE PARLEY.

Many Conferences Expected On World Problems. WAR DEBTS STRANGLE HOLD. ;Unibctl P.A.—Electric Telegraph—Copyright) LONDON, June 10. Although the meeting between the British and French Prime Ministers, Mr. Mac Donald and M. Herriot, is welcomed everywhere there is still little sign of a permanent agreement being reached at the Lausanne Conference. According to the "Daily Telegraph," official circles in London expect the procedure at Lausanne to be somewhat as follows:—Germany to declare her inability ever to resume payments of reparations. France not to accept this position. The immediate result to be an extension of the moratorium until the end of this year, the appointment of committees and an adjournment to be followed by a World Economic Conference in London in October. At the London conference it is thought there will be a similar appointment of technical committees followed by mi adjournment during the elections in the United States in November, and a re-emergence as a plenary conference when America's policy has been restated. The London and Lausanne Conferences, in the light of such a restatement would enter upon their final stages at the end of the year and attempt to reach decisions. It is understood that with the advent of M. Herriot the French attitude has undergone modification. It is believed that the French Government might even consent to the cancellation of Allied war debts or that Britain might agree to join France, Italy, Belgium and the other Powers concerned in serving notice on the United States Government of their inability to pay their debts since they themselves are receiving no more payments from Germany. It is reported from Berlin that the Chancellor. Heir von Pa pen, has decided to go to Lausanne. He will leave on Tuesday. MacDONALD READY. LEAVING FOR LAUSANNE. (British Official Wireless.) (Received 12.30 p.m.) RUGBY, June 10. The Prime Minister is leaving for Paris and Lausanne, to-morrow. He drove to Buckingham Palace this evening at (lie conclusion of the Irish Conference and had an audience of the King. CARRYING THE LOAD. BRITAIN'S HEAVY BURDEN.

(British Official Wireless.) RUGBY, June 10. The Financial Secretary to the Treasury, Major W. E. Elliot, was asked in the House of Commons what was the amount included in Britain's war debt to the United States represented by guarantees given by Britain for material supplied direct to France on French account. Major Elliot replied that the British war debt to the United States contained no specific items of the kind referred to. The position was that if Britain had not had any calls for assistance from her Allies it would have been unnecessary for her to have- aeked for assistance from the United States.