LOAN FOR GERMANY

Evening Star, Issue 22571, 12 February 1937, Page 9

LOAN FOR GERMANY

EFFORT TO AVERT EUROPEAN WAR PERSISTENT REPORTS IM AMERICA / Press Association —By Telegraph—Copyright MONTREAL, February 10. The New York ‘ World Telegram ’ prominently displayed an article stating that British representatives are laying the groundwork here to make this country receptive for another loan to Germany, according to reports from Wall Street. The reports persist despite denials from the Treasury Department and other sources that such a loan is being urged only as' a means of 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 President Roose\’elfc that it would be in the best interests of the United States, although against its present policy, to co-operate with its former allies in diverting the Nazi Government from the warpath and 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 a loan, would be required to make commitments to reduce armaments, curtail military expansions, and perhaps re-enter the League.