TO HELP EUROPE.

Manawatu Times, Volume LXII, Issue 1710, 13 December 1920, Page 5

TO HELP EUROPE.

AMERICAN FINANCIAL MOVE. [By Electric Cable —Copyright.) [Aust. and N.Z. Cable Association.] Received Sunday, 5.5 p.m.) New York, December 10th. The first hundred of America's biggest business men and bankers held a conference at Chicago to consider the American Bankers' Association's billion dollar foreign credit plan, and a committee was appointed to prepare organisation plans. It was stated that many millions already had been pledged by the Country Manufacturers' Bank. Mr Hoover, in a speech said: "It is vital to every working man in the United States that Europe should recover her exchange." WASHINGTON, Dec. 11. The United States' isolated world position is beginning to agitate legislators, and a growing disposition is evident that a speedy resumpton of peace with the Central Powers is imperative. Many Republicans intend to urge Mr Warren Harding; to initiate separate peace negotiations and commercial treaties with Germany and Austria as soon as he is inaugurated. A member of the Foreign Relations* Committee declares that Europe proposes to monopolise former German cables, excluding the United States and to bar Americans from the natural coal, oil and mineral resources of the world, and to discriminate against American business men; also that some foreign countries are attempting to break up America's effort to run a successful mercantile marine.