Relief and Satisfaction At Nadolny’s Utterance

Horowhenua Chronicle, 23 May 1933, Page 7

Relief and Satisfaction At Nadolny’s Utterance

OPTIMISM AT GENEVA (British Official Wireless.) RUGBY, May 22. Belief and satisfaction is widely expressed in British circles at yesterday ’s developments at the Disarmament Conference. Herr Nadolny’s declaration that the German Government accepts the British Draft “not only, as hitherto, as a basis of discussion, but as a basis for a future convention itself,’’ aQ d tliat an J modification he would propose would be “in conformity with this new idea,’’ removes in the general view the immediate unu formidable obstacle to progress which necessitated an adjournment a week ago. The Atmosphere has greatly improved, and although many doubts and difficulties which have to be surmounted still confront the Conference, the possibilities of success have been considerably enhanced. The Times says that the statement has changed the attitude of Germany from that of a defiant critic to that of a fellow worker in a common task. “What has made the negotiations with Germany so difficult in the recent past has been that the new regime has tend!ed to place itself in a position separate from other nations, and to regard itself as suffering from wrongs which nobody is prepared to alleviate; to cut itself off in fact even from those who were actually trying to extend the helping hand. A sullen temper could only lead to isolation and isolation in the modern world to that chaos and communism which Herr Hitler foresaw. There will-be some hope now after the change of attitude at Geneva that friendly contact with Germany will be maintained and that the spirit of the Four Power Pact will prove a solution of other difficulties.’’

The Daily Telegraph says yester-• day's sitting was auspicious, for a large all-round and effective disarmament is the basis of the British plan, the governing purpose of President Roosevelt’s noble message, and the only hope of the world. The barometer may* not yet stand at “set fair,'' but it certainly touched “fair,” and only a week ago it was at ‘ ‘ stormy. ’' The Morning Post records' that the prevailing opinion in Geneva is that Germany's new attitude must be taken at its face value, which opens up a definite avenue to the success of the Conference.

For Parliament of Nations LAVISH BRITISH HOSPITALITY ~ 1 "~7 ' (British Official Wireless.) Received Monday, 9.50 p.m, RUGBY, May 20. According to the preliminary list arrangements connected with the entertainment of the delegates attending the World Conference, the King opens the Conference on the afternoon of June 12. The British Government entertains the delegates at a dinner at Grosvenor House that evening and about 600 are to be present. The King will give an afternoon party on the 17th for the Conference at Windsor Castle and Mr. J. H. Thomas will preside over the Government luncheon on the 19th for the Dominion delegates. The City of London will offer extensive hospitality to the visitors and li of the city livery companies will join in entertaining the delegates at a dinner on the 20th followed by a reception by Lord and Lady Londonderry at Londonderry House, Park Lane. Lloyd's will hold a reception on the 22nd and. the Lord Mayor, sheriffs and Corporation of London will give a banquet at the Guildhall on the 26th. An evening party at Admiralty House will be given by Sir Eyres-Monsell on the 28th, and the Speaker of the Commons will hold SL reception on the 30tn. a garden party will be given at Clivedon by Lord and Lady Astor on July 1. Apart from these and other special gatherings facilities will be offered te the delegates to attend such events as the Air Force display at Hendon on June 24. The Cabinet sub-committee which is preparing the British case for the World 1 Conference has met almost daily throughout the past week.

America’s Rising Tide CHEERFULNESS AND CONFIDENCE PRIMARY PRODUCTS MAKE GREAT GAINS Received Monday, 9.50 p.m. NEW YORK, May 21. For the first time since the depression the United States has enjoyed uninterrupted two months’ advances in business and commerce, and there is stimulating cheerfulness and confidence that the domestic and international problems still pending are adjustable. The country’s steel activities are approaching 40 per cent, capacity. Car loadings continue rising and building operations are increasing. Commodities wholesale prices rose an average of 12 per cent. Individual items like wheat have risen 60 per cent., wool 50 per cent, and sugar 20. Farm commodities prices are rising four times faster than nonagricultural products, thus reversing the trend existing for years between the goods the fanner sells and buys. Government figures show a gain

of one and three-fifths per cent, in employment. British Stock Markets Brighter (British Official Wireless.) Received Monday, 9.50 p.m. RUGBY, May 21. The stock markets to-day displayed a confluent tone following the German delegates' statement regarding the British disarmament proposals. The movements were mostly upwards. German bonds 54 per cent, touched 52 and 7 per cents 66. British funds were firm.