FRENCH DECISION
HER POLICY UPHELD.
fUnited Press Association.—By Electric Telegraph.—Copyright.]
(Received this day at 12.25. p.m.) PARIS, January 19.
M. Laval’s declaration marking the appearance of tin- now Ministry, assorted the concollation of war debts reparations was a panacea,-without penitence emanating from imaginative theoristes, who had not faced the facts, ■ France would not accept solutions which were inadequate to solve the crisis, and striking at her essential interests and rights. She Had to fulfill her duty and probity towards tin; generation surviving war. She would sacrifice no credit without a corresponding remission of her own debts. She had also a duty of prudence towards the future generation. By subordinating an agreement to justly balancing the conditions. of production, the existence of such a balance would be broken. If after the crisis, disproportionate fiscal and financial burdens handicapped France in international competition, France’s policy was as defined in the memorandum of the fifteenth July.
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Hokitika Guardian, 20 January 1932, Page 6
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153FRENCH DECISION HER POLICY UPHELD. Hokitika Guardian, 20 January 1932, Page 6
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