WAR DEBTS.

Press, Volume LXVIII, Issue 20524, 18 April 1932, Page 9

WAR DEBTS.

PLEA for united ACTION. WISDOM AND UNSELFISHNESS. gIR AUSTEN CHAMBERLAIN'S appeal. ! 011 TILZ QRAPH-COPVBIU3T.) (Beceivcd April 17th, G. 40 p.m.) LONDON, April IG. Sir Austen Chamberlain, in the course 0 f a statement, said: "We have put our , iOUSO in order, have balanced the Budget, and can face the future confidently, hiit not alone. Other nations oust contribute if the world is to recover its lost prosperity. Unless 'we stand together we shall fall one after another into the common pit of misery and decsy* "Thepolicy of each for himself and the Devil take the hindmost has gone past. American Englishmen, and Europeans must remember that they also are cities of the world. One longs for Dr. Stresemann again. Herr Hitler is no Strcscnizinn. Let us pray that no folly Kill be attempted lest reaction in Germany should breed reaction elsewhere. «The principle that tho United States proclaimed for China, that changes due toforcewill not bo recognised, needs firm for Europe, after which we ihiill be astonished by the progress immediately possible. ' <®aesthe United States yet recognise, H Europe does, the stronger desiro for an agreement on co-operation. If j ftorijpa seeks salvation by mutual sacrijjn she will turn to America expecting lertohenot less unselfish and farseeing. Tliere is no cure for the evil from which He world is suffering unless war debts in dealt with simultaneously in the !!Hie spirit as reparations, tho'abolition of which the Americans desiro no less' tin Englishmen and Europeans. Sacrifces will be vain unless wisdom and understanding l are also given the America people."

THE OUTLOOK IN EUROPE. MR BALDWIN'S VIEW. NETWORK OF TARIFFS. (IMTISH OFFICIAL WIRELESS.) (Bceeived April 17th, 6.40 p.m.) BUGBY, April 17. Dealing with tho European outlook in a spe«eh in North Wales last night, It Stujlty Baldwin (Lord President of GouneQ)- said nothing liad done more lam Economically than the splitting of Europe into many would-bo selfsafflelwt States and tho post-war menfaliiy tli»t tnado all these small units believe that they could l>o solf-aufli-eient. had created in Europe a vast neiwjjlc of prohibitious and tariffs whiclx we?Q interfering more than any-Jwf'sjw-Wth that freer trade which 11 MJeatlsl for the world.