EUROPE TODAY

Northern Advocate, 16 April 1932, Page 9

EUROPE TODAY

POSITION DESCRIBED. (Received 9 a.m.) LONDON, April 15. 1 A vivid description of European complications as seen at Geneva by the special representative of the “Daily Express.” He depicts a scramble by Ihe Balkan for money and France seeking further powers to help her satellites while she herself is choked, with hoarded gold. “It is true that France has lent millions of francs to Yugo-Slavia and Hungary,” says the correspondent, “but she has benefited largely by the orders for munitions placed with her by these Balkan states. ‘' The financial commission of the League of Nations, which expressed regret that so much was spent on preparations for war, recommends loans of 13,500,000 dollars to Austria and 10,000,000 dollars to Greece. It is clear that the hegemony France established in 1919 is beginning to totter now. “France has conceived the idea of making the League a super State but unless France abandons that idea America will not remit one cent of the war debts. I understand that Britain has definitely decided not. to grant any help to the Balkan countries unless she is convinced they desire to help themselves.”