GERMANY’S NEED OF CREDITS

Press, Volume LXXIII, Issue 21990, 14 January 1937, Page 9

GERMANY’S NEED OF CREDITS

Pr, Schacht’s Mission To Paris < A CONFERENCE PROPOSED , XIASING of MOROCCAN / SITUATION (WITK> PRESS ASSOCIATION-COPYRIGHT.) (Received January 13, 8.50 p.m.) LONDON, January 12. Important developments are exJgd to follow Herr Hitler s assmP on Spanish Morocco. The Minister for National Economy, Dr. TslU has arranged to go to Paris to lay the foundation stone of the German pavilion that is being constructed for the international exSchacht is credited with the hone of laying the foundation of a French, British, and American commercial reorganisation plan, leading to the needed credits to Germany, thereby easing Germany’s serious food problem. , .. Dr- Schacht will also raise the colonial issue. The opinion is expressed in Berlin that France does ■ n ot attach importance to her TogoJand mandate. The French Ambassador to • Berlin (M. Poricet),. -.reporting on the Berlin conversations to the French Foreign Minister (M. Delbos), said that Herr Hitler had assured him that Germany had no designs in Morocco. Herr Hitler had proposed that France and Germany discuss the financial, political, and economic situation, and that Dr. Schacht be invited to Paris for that purpose. France, it is reported, wants some political guarantee such, as an arms limitation pact before agreeing to a conference. It is reported from Berlin that Dr/ Schacht is anxious to discuss colonies with France, which, it is understood, is now willing to make concessions. ' A French, military attache has been granted safe conduct to visit Melilla and Ceuta. This is most satisfactory to the French Government, as it will enable accurate information to be obtained -regarding the alleged infiltration of German troops to Morocco,