POLITICAL RELATIONS

Feilding Star, Volume 10, Issue 3930, 13 January 1933, Page 6

POLITICAL RELATIONS

INTERNATP )NAL OUTLOOK BURDEN OF WAR DEBTS lIOW TRADE] IS DISLOCATED IMPORTANCE OF U.S.A. Rugby. Jan. 11. Captain 11. A. Eden. Parliamentary Under-Secretary of State, speaking <>n the international outlook, said the slow progress made at the Disarmament, ConferemH* was not due to the faults or failings of the technical experts or the ambitions or suspicions of the armament firms, but to the unsatisfactory state of the political relations in Europe. In tilt* chequered course of foreign politic?; in 11)82 the Lausanne* Conference stood out as a marked success. Lausanne closed an unprofitable chapter in the history of the postwar reparations in Europe. Manifestly. however, the burden of vast international payments could not. he finally liquidated until the greatest creditor nation, the United States, stated her attitude towards them. Britain was both a debtor and a creditor nation. It was therefore naturally clear to her now how videos in its influence on world commerce was the attempt to make a vast; international transfer of payment which had no economical counterpart.