TO SAVE GERMANY

Evening Post, Volume CXXIII, Issue 35, 11 February 1937, Page 10

TO SAVE GERMANY

RUMOUR OF LOAN

PROPOSAL TO AMERICA

MR. RUNCIMAN'S VISIT

United Press Association—By Electric Telecraph—Copyright. (Received February 11, 2.40 p.m.) NEW YORK, February 10. The "World-Telegram" prominently displayed an article declaring that British representatives are laying the groundwork here to make this country receptive to a proposal for another loan to Germany. According to statements in Wall Street, reports persist, despite denials by the Treasury Department and in other quarters, that a loan is being urged only as a means o£ averting a European war. The suggested loan, which would be made jointly by British, French, and United States interests, is linked with the more or less mysterious visits here of Mr. Walter Runciman and Sir Otto Niemeyer. The former is reported to have tried to convince Mr. Roosevelt that it is in the best interests of the. United States, although against its present policy, to co-operate with her former allies in diverting the Nazi Government from the path of war and in saving Germany from threatened starvation. He is said to have urged that, even if the United States remained isolated, America's returning prosperity would be endangered by a European catastrophe. Germany, in return for the loan, would be required to make commitments, to reduce armaments and curtail military expansion, and perhaps re-enter the League of Nations.