WORLD RECOVERY.

Lake Wakatip Mail, Issue 4047, 3 May 1932, Page 3

WORLD RECOVERY.

NATIONS MUST CO-OPERATE,

Sir Austen Chamberlain, in the course of a statement, said: “We have put our house in order and have balanced the Budget, and we can face the future confidently, but not alone. Other nations ’must contribute if the world is to recover its lost prosperity. Unless we stand together wo shall fall, one after another, into a common pit of misery and decay. The policy of ’each for' himself and devil take the hindmost’ has gone past. Americans, Englishmen, and Europeans must remember that they are also citizens of the world. One longs for Dr Stresshiann again. Herr Hitler is no S'tresernann. Let us pray that no folly be attempted lest reaction in Germany breed reaction elsewhere. The principle that the United States proclaimed for China, that changes due to force will not be recognised, needs firm assertion from Europe, after which we will be astonised by the progress that is immediately possible. Does the United States yet recognise, as Europe does, the strongest desire for agreement and co-operation? If Europe seeks salvation by mutual sacrifice she will turn to America, expecting her to be not less unselfish and far seeing. There is no cure for the evil from which the world is suffering unless war debts are dealt with simultaneously in the same spirit as reparations, the abolition of which Americans desire no less than Englishmen. The sacrifices of the Europeans will be vain unless wisdom and understanding are also shown by the American people.”