GREAT DELICACY

Poverty Bay Herald, Volume LIX, Issue 17948, 28 November 1932, Page 9

GREAT DELICACY

WAR DEBT SITUATION BRITISH .CONSIDERATION (Elec. Tel. Copyright—United Press Assn.) (Received Nov. 28, 3 p.m.) LONDON, Nov. 27. Mr. Ramsay MacDonald, Mr. Stanley Baldwin, Mr. Neville Chamberlain, and Sir John Simon represented the Cabinet at No. 10 Downing Street to settle the terms of the new note to Washington. Mr. Walter Runciman was unable to be present. No decision lias yet been taken regarding payment or non-payment. Lhe effect of the note on American opinion will be first ascertained, the intentions oi' the Government being communicated to tlie leaders ot tho Opposition, namely, Mr. George Lausbuvy and Sir Herbert Samuel. As the situation is regarded as of great delicacy, continuity of policy is essential, if possible. THE FRENCH ATTITUDE WAITING BRITISH LEAD (Received November 28, 3 p',m.) PARIS, Nov. 27. It seems increasingly probable that France’s war debt decision will depend on Britain’s, and that she will refuse to pay if Britain refuses. The' Quai d’Orsay is maintaining dose touch with Whitehall. France’s difficulty lies, not in the manner of the, transfer, but in finding the money with the Budget deficit already heavy.