UNCLE SHYLOCK.

Grey River Argus, 14 May 1929, Page 5

UNCLE SHYLOCK.

Europe in Pawn. US. “PUTTING THE SCREW ON BRITAIN.” LONDON, May 12. Mr A. G. Gardiner. Liberal publici t in an outspoken article in the “Sunday Express” headed: 1 Why Should Britain Be Skinned?” says: “We have paid the United States 233 millions, and received from creditors in Europe thirtyseven millions. In Mr Snow-leu’s phrase we have been bilked of nearly two hundred millions. Mr Young is now proposing a further turn to the screw. Even at the risk nf offending America, tho time ha 1 come to ray we will not stand any more. Europe wjll be in pawn to the United States for two ginorations. Germany will be ruined by a terrifle levy. Europe will not gain, tor out of the total German payments of eighteen hundred millions, thirteen hundrd will go to America to pay Allied debts, while the. eternal wrangle over thc odd five hundred millions will keep Europe in discord. I is a fantastic nightmare such as no sane American can imagine. Most Americans are frankly ashamed of their country’s action which continued through a year (if party recriminations, but Europe nnot. be tortured for half a. century for such considerations.” M- P. Snowden, writing in "Reynold’s Newspaper.” says: “Mr Young’s reparations proposal in effect repudiates thc note which propos : ed that our reparations receipts should equal payments to America.”

lie adds: "I have not had long to wait to justify my own recent outspokenness in the Commons. The whole of the British Press is now supporting my protest.”