THE EXPERT INQUIRY.

Otago Daily Times, Issue 19045, 15 December 1923, Page 9

THE EXPERT INQUIRY.

OPINION IN AMERICA. NEW YORK, December 13. (Received Deo. 14, at 11.45 p.m.) The New York Times’s financial editor states that American bankers of the socalled international group are ready but not eager to serve on the proposed expert committees to study Germany’s finances, which all consider would be a taxing assignment. There is no enthusiasm for the pla4 in Wall street, although no one who is appointed would decline. The bankers readily admitted that the keynote of the whole of the reparations problems rests upon America. Mr Mitchell, of the .National City Bank, advanced the, belief that, the European debts to America were closely involved, and it America insists on the payment of such debts they will probably be made in the long run, but at the United States’s expense. The executive heads of other great financial institutions disregard Mr Mitchell and look with the view of Mr Coolidge that the reparations and the debts must be kept apart, but the majority are inclined towards the opinion that a sttttement of the reparations questions and the stability of Germany are closely linked with the United States’s continued prosperity.—A. and N.Z. Cable.