HOPES OF LAUSANNE
CO-OPERATION AMONG NATIONS
In an address on “Currency and Prices” Sir Robert Horne said that there had been a complete failure of human imagination and foresight to discover a way by which debts should be, paid in the same measure in which they were contracted. The way to get out of the present impasse was an international one. At the Lausanne Conference a method must be found for co-operation among nations and to deal with reparation problems. It was not to be obtained by complete cancellation of reparations and war debts, because it was impossible to expect France |,o agree to that. lie believed that if they arranged that there should h ( > now a moratorium imposed for live years ami that at the end of the live years Germany should pay a stipulated amount much smaller than her present obligations—something arranged now ami not something to be arrived at by bargaining at the and of the live years—now they would not only get the consent of France, but also the consent of Germany. The next stage was for America to be approached. At the moment America insisted upon the observance of those international compacts, lmt lie did not believe it Europe came to an arrangement of its own that America would be less generous to Europe than the nations of Europe would he to each other. 1
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Bibliographic details
Nelson Evening Mail, Volume LXVI, 20 June 1932, Page 8
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230HOPES OF LAUSANNE Nelson Evening Mail, Volume LXVI, 20 June 1932, Page 8
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