ADVICE TO GERMANY
DROP CUSTOMS UNION
POSTPONE NAVY BUILDING
LONDON, 13th July.. The "Morning Post's" diplomatic contributor says the attitude in political circles in London is that Germany being the sole beneficiary of the moratorium she ought to be prepared to signalise her appreciation by offering concessions with good grace. . She will be well advised to postpone the construction of the second "pocket" battleship, and as the moratorium will improve her economic position she may well let the Customs Union fall into abeyance, as this has been an irritant to the rest, of Europe since it was first mooted. ■
Meanwhile the London Stock Exchange is nervous, and a further fall is likely to-day. ' .
Portunately the Bank of England:is very strong. Its gold reserves arc higher than at any time for three years, and further gold shipments are coming from Australia and elsewhere. - -
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Bibliographic details
Evening Post, Volume CXII, Issue 12, 14 July 1931, Page 7
Word Count
142ADVICE TO GERMANY Evening Post, Volume CXII, Issue 12, 14 July 1931, Page 7
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