WORLD ECONOMICS
PANACEA SOUGHT CANCELLATION OF WAR DEBTS FAVOURED AMERICAN DELEGATES PERTURBED (By Telegraph—Press Assn.—Copyright.) London, May 6. The Australian Press Association’s special correspondent at Geneva states —“Exactly what the conference is all about seems to be kept a dark secret, most speeches showing that participants are merely hoping to find a panacea for the world’s ills. Deeply behind the masses of statistics there is, however, an idea shared by most European countries that the most practical move towards world reconstruction and general good times would be the cancellation of war debts and reparations. This has considerably perturbed the American delegates, who, in the corridors are freely letting it be known they are ready for this proposal and will oppose it strenuously. The policy of all the dominions appears to be a watching brief. No dominion delegate has so far ascertained the rostrum but their interest is keen. No point is passed unnoticed, the liaison within the Empire delegations being perfect.”—A. and N.Z.
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Bibliographic details
Southland Times, Issue 20173, 9 May 1927, Page 8
Word Count
163WORLD ECONOMICS Southland Times, Issue 20173, 9 May 1927, Page 8
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