LONDON TIMES COMMENT.

Hawera & Normanby Star, Volume XLII, Issue XLII, 9 June 1923, Page 7

LONDON TIMES COMMENT.

Received June 9. 10.30 a.m. ] LONDON, June 8. The Times, in a leader, says that the , German memorandum represents the last word of the Government in a sense, j Mere rejection will lead to the abandonment of any further similar attempt and to political and social chaos in Ger-

many, which will finally place beyond the bounds of possibility the hope of obtaining any substantial sum. From the economic viewpoint we are bound to regard the German memorandum seriously. It bears the marks of genuineness and studiously avoids referI ence to controversial questions. As a contribution to the settlement of repa/rations itself the Note is in accord with, the views of the economists and financial experts of all the leading countries, and for that reason cannot fail to impress the world more favourably than, any other German document on the same subject.—Times.