“NO GREAT WAR”

Poverty Bay Herald, Volume LXIII, Issue 19138, 6 October 1936, Page 10

“NO GREAT WAR”

EUROPEAN PEOPLES

FINANCIER’S VIEWS

NEW YORK, Aug. 22

Mr. Thomas W. Lament, one of t ho senior partners of -L P. Morgan and Company, expressed confidence on Friday (hat Europe would solve her present political problems amicably and that, there would be no “great war.’'' The banker lias just returned from a three-months’ trip abroad.

“Everybody has been asking me about war in Europe,” lie said. “I linvo no first-hand knowledge, but in tin 1 three- weeks I spent in England and France the people struck me sis far less apprehensive, than many Americans are of -an early outbreak of war in Europe.”

Mr. Lamont said lie would not want to minimise the “immense difficulties” facing the world, vet lie felt there was no justification for concluding they would lead to armed con fiiet.

“It is clear that 95 per cent of the. people of every nation of Europe do not. want to tight. They look on war with abhorrence ami dread, just as we do,” lie said. “Every sane man now realises that in war everyone- loses. Therefore, while ii is- true that in many directions democracy is selling at a heavy discount, nevertheless, 1 ;>in one of those who believe that the men who rule tlie destinies of Europe will go very slowly in dragging their unwilling peoples into a major conflict.”