FEARS EFFACED

Manawatu Standard, Volume LVIII, Issue 74, 24 February 1938, Page 2

FEARS EFFACED

STOCK-MARKETS BRIGHTER. EFFECT OF DEBATE. (United Press Association.—By Electric Telegraph.—Copyright.) (Times Cables.) LONDON, Feb. 22. The city editor of the Times says thdt the overnight debate in the House of Commons, combined with second thoughts, effaced Monday’s fears and shakiness. The Government also indicated the prospect of an improvement in the European situation. The stock markets resumed Friday’s recovery and restored Monday’6 losses. They added a few pence over them, and closed at the highest level, although there was not a great increase in business. The improvement extended tq gilt-edged issues, industrial and international commodity shares. QUESTION OF THIRD PERSON. Mr Herbert Morrison, winding up the Labour Party’s contribution to the debate in the House of Commons, said: If any unofficial third party was intervening between the representatives of Britain and a foreign Power, the House of Commons had the right to know whether this was the first occasion such a thing. had ocurred—whether this unofficial person was located in London or Rome, whether a man or a woman.