LOCARNO PACT

Manawatu Standard, Volume XLV, Issue 276, 26 October 1925, Page 7

LOCARNO PACT

ITS ECONOMIC EFFECT. RESTORATION OF TRADE. (By Electric Telegraph.—Copyright.) NEW YORK, Oct. 24. Sir Robert Horne, a former Chancellor of the British Exchequer, speaking at a dinner in his honour given by tho Pilgrims, urged his audience to place no faith in rumours that “England is done.” He said: ‘‘A country gains by her misfortunes and Britain will bo helped greatly by the Locarno Pact, which will go far to restoring trado and commerce in Europe.” Mr Hughes, a former United States Secretary of State, said: “The promise of Locarno is not in the language of treaties but in the disposition to make them. I hope tho United States Senate, acting upon the recommendation of President Coolidge, will give proper support to a permanent Court of International Justice.” —A. and N.Z. cable. FULLY EXPECTED. GERMAN RATIFICATION. BERLIN, Oct. 24. It is anticipated that the Ministers belonging to the German National Party in the Cabinet will retire in consequence of tho governing board of tho party carrying a resolution that tho results of the Locarno negotiations are unacceptable. A Government majority for tho ratification of tho treaties is fully expected notwithstanding the defection. Though the Nationalist decision has caused considerable excitement, tho filial word rests with tho decision of the German National Reichstag Party. Meanwhile, President Hindenburg, the Chancellor, Herr Luther, and Dr. Stresemann have cancelled their engagements and are remaining in the capital to negotiate with tho party leaders to aim at a settlement. —A. and N.Z. cable. DOMINIONS’ POSITION. MR CHAMBERLAIN’S STATEMENT. LONDON, Oct. 25. Mr Austen Chnmberlain received the High Commissioners of tho Dominions in reference to the Locarno agreement. In ilio course of a statement to press men, Mr Chamberlain emphasised that tho liberty of each Dominion was reserved. The treaty did not hind any Dominion unless _ it voluntarily undertook an obligation. He also stated -.hat no question arose in regard to who should havo mandates for territories already mandated. Germany was as eligible for a mandate as any other country.—A. and N.Z. cablo. COLOGNE EVACUATION. ACCELERATED BY PACT. LONDON, Oct. 24. The German Ambassador yesterday handed the Foreign Office a copy of tho German Note to tlio Conference of Ambassadors, detailing German disarmament. Pending the discussion by the Ambassadors, no date is fixed lor the commencement of the evacuation of Cologne, but it is expected arrangements for it will bo accelerated as a result of the Locarno negotiations.—-A. and N.Z. cable.