SAAR CRISIS

Greymouth Evening Star, 17 November 1934, Page 7

SAAR CRISIS

FOREIGN CREDITS WITHHELD. [BY CABLE —PRESS ASSN. —COPYRIGHT. I (Recd. November 17, 9.30 a.m.) GENEVA, November 16. The economic situation in the Saar is daily becoming worse, says a petition from the Saar Chamber of Commerce, submitted at Geneva, by, Mr Knox. The petition emphasises the grave difficulties being experienced in the French and German clearing arrangements. Many French firms have refused to grant further credit to Saar customers. The governing Commission s accompanying note states it has made every effort to retain foreign confidence in the Saar, and adds: A dangerous situation can be averted only if foreign investors can be assured of stable government in the terirtory.

ATTACK ON COMMISSIONER. (Recd. November 17, 11.30 a.m.) SAARBRACKEN, November 16. The Governing Commission has asked the Supreme Tribunal to proceed, against Jacob Pirro, Herman Roechling, Pieter Kivre, also Lenacher, and. five German Front leaders, who signed the recent attack on Mr Knox, transmitted to the League. The charges are insult, libel and false witness. German language papers in the Saar have been ordered to give a front page display of the Commissioner’s rebuttal of the attack.