SANCTIONS PLAN

Evening Post, Volume CXX, Issue 91, 14 October 1935, Page 9

SANCTIONS PLAN

NO CREDITS TO ITALY

CONSIDERATION AT GENEVA

FORM BEING DRAFTED

(Britbh Official Wireless.)

(Received October I<l, 11.30 a.m.) RUGBY, October 12,

At Geneva a financial sub-committee, with the assistance of experts, has considered plans for imposing financial sanctions, and its general recommendations, which will be submitted to the committee of seventeen Powers, arc in the hands of the draftsmen. A plenary meeting of the co-ordinating committee of fifty-two Powers will be held on Monday to receive this committee's proposals, and formal approval to the raising of the arms embargo on Abyssinia and for maintaining- it in the case of Italy will then, it is anticipated, be given. When notification of approval to this course is received in London the Board of Trade wilt at once be informed and will be at liberty to receive applications for licences for the export of arms and munitions to Abyssinia.

Economic sanctions in general were further considered in private today by the Committee of Seventeen, of which the financial and other sub-committees are offshoots. Having agreed in principle to the suggestion that countries co-operating in the imposition of sanctions should refuse to permit the entry of imports from Italy, the Committee of Seventeen adjourned until Monday. Questions of detail have stijl to be settled, and v formal vote was not taken today.

The British delegate, Mr. Anthony Eden, urged the importance of speed, and it was agreed that a vote on the general principle should be taken when the committee reassembles. The sub-committee will work out details in course <jf Monday, reporting first to the seventeen Powers and later in the day to the. main co-ordinating committee. The financial drafting committee will meet tomorrow afternoon.