IN GOOD HEART.

Hawera Star, Volume XLV, 12 May 1925, Page 5

IN GOOD HEART.

FRENCH ECONOMIC CONDITION. BY CABLE—PRESS ASSOCIATION—COPYRIGHT LONDON, May 10. The Observer publishes a remarkable article by Senator William Borah, chairman of the United States Senate Commission on Foreign Relatione, declaring that France is in a better condition economically than any other European nation. She has practically no unemployment, her people are universally prosperous, her industrial development since the war has been striking and exceptional. The experience through which she is passing momentarily is due not to economic conditions, but to politics. She can, if she chooses, meet her obligations upon fair and reason ijble terms. Senator Borah proceeds to analyse the situation from the American eta udpoint searchingly, and declares that what the United States desires is merely the money which its taxpayers loaned to the Government, and which the Government loaned to foreign Governments.