POST-WAR POLICY

Greymouth Evening Star, 18 November 1943, Page 5

POST-WAR POLICY

ECONOMIC UNDERSTANDINGS

MR. WILLKIE’S VIEWS

(Rec 11 a.m.) NEW YORK, Nov. li. “The Moscow agreements must be supplemented with economic understandings,”- said Mr. Wendell Willkie, in a speech in the ‘Herald-Tri-bune” Forum. “There must be clemocratisation of the relationship between the four Great Powers and their allies and also a liberalising relationship of the colonial Powers to their own colonies. The smaller nations must be given a share in our planning, and quicklv Think how encouraging it would be if the /our Great Powers enlarged the basis ot the Moscow declaration by inviting all the United Nations to sign a similar declaration, thereby preventing the significance of the Moscow meeting degenerating? Such agreements could be the embryo oi a vital, international understanding. “People now living in mandates and colonies must be given room in the structure we are building. Otnerwise we will leave outside hundreds of millions who may eventually believe their only hope ot freedom is through war. They are human being, not chattels, although some live in ignorance bound by caste and ancient customs, but the dangerous fact is that everywhere among them are the beginnings oi revolt against the old order. It is fortunate that we have the example of the British Commonwealth —the most exciting experiment m international democracy the world has ever known —which demonstrates that independence can come without disorder “The Moscow Conference demonstrated that Britain, America, Russia and China can come to common- accords. They should now be enlarged to include economic, political and moral objectives with? a nations participating.” TERRITORIAL ADJUSTMENTS WASHINGTON, Nov. 16. Britain and America had agieed that the settlement of European territorial disputes should be postponed until the end of the war, said MrCordell Hull at a Press conference. He explained that the Moscow formula for giving Italy political sell de<.ei initiation would serve as an example in dealing with other liberated areas, but territorial controversies must other policy can be allowed to interfere,” said Mr. Hull, unless someone wants to suspend the whole war and settle many territorial questions first.” It followed, he said, that no liberated area could be dealt with finally until territorial questions had been settled. „ . The Associated Press of America points out that- Mr. Hull thus leaves unanswered such questions as the ultimate status of the Baltic .States. ASSESSMENT OF N.Z. NEW YORK, November 17. New Zealand is expected to contribute 8,000,000 dollars towards restoring re-conquered countries. This estimate was given by the United Press correspondent at a U.N.K.K.A. meeting at Atlantic City. Other contributions likely are (in millions 01. dollars):—United States 1100; Britain, 320: Canada. 90: Australia, 40, India, 35; and South Africa, 12. India’s contribution amounts oniy to one-third per cent, of the national incpme." but is, based on the' unequal distribution oi Indian wealth. , x A correspondent learns that an additional 495,000,000 .dollars will be reauested from otner contributing countries, most of which will be presumably the Latin-American Republics, unless payments are volunteered by Russia or invaded countries like France and Holland, which have gold and other resources, or from prosperous neutrals like Turkey, Sweden, Argentina and Switzerland. It is reported that Sweden has already agreed to participate. SAVINGS TO CONTINUE RUGBY, November 17. “Victory is in sight,” said the Chancellor of the ‘Exchequer, addressing the War Saving Assembly in 'London. “The enemy has no escape from a crushing defeat, provided the power ol the United Nations is fully brought to bear on him not only on the field but also the economic front behind the battlefield.” That did not mean relaxation ' was possible. The nation’s war effort had to be maintained and, if possible, increased.”

Regarding the continuance of the war savings movement after the war. Sir John Anderson said: “Let me assure you in the strongest terms that the voluntary savings organisation will be indispensable’after the war, and particularly in the difficult transition period when we shall be passing from war to peace economy. You are all aware of what is likely to be the main features of that period, repair of war damage, and reconstruction of industry, must have first charge on our resources, so it will take time to provide an’ appreciable increase in the volume of means available for private consumption. That will mean a continuation of the restraint on expenditure even when those first duties are provided for. and a more liberal scale of consumption can be permitted. Capital investment in the development of the country will still require large volumes of savings of all kinds to advance it.”