LAUSANNE CONFERENCE

Southland Times, Issue 21716, 31 May 1932, Page 5

LAUSANNE CONFERENCE

MR MACDONALD TO ATTEND. EFFORT TO WIDEN SCOPE. (United Press Assn.—Telegraph Copyright.) (Rec. 10.40 p.m.) London, May 30. The Daily Mail says that Mr MacDonald, reiterating his determination to go to Lausanne, says he will go with the express intention of extending the scope of the conference in order to include the bigger problem of international trade. “The country will be most grateful to the Prime Minister if he can clear away entanglements of tariffs, surtaxes, quotas, licenses, currency and shipping restrictions which are threatening complete stoppage of international trade, says the Daily Mail. GERMANY UNABLE TO PAY. Paris, May 29. “Germany will not be able to pay a penny for a long time,” declared M. Painleve, speaking at Rouen. “There ought to be a general liquidation of war debts, while the creation of a compensation fund would save the creditor nations from being the victims of their own generosity.” INTEREST IN AMERICA. (Rec. 9.45 p.m.) Washington, May 30. Although the United States will naturally watch with interest any international discussions on trade, there was no indication here on Sunday that the Government will enter such discussions in connection with the Lausanne and reparations conference proposed by the British Prime Minister, Mr MacDonald. The country’s position has been that it is for Europe itself to consider reparations, and there is nothing to indicate that a broadening of the Lausanne Conference, as Mr MacDonald proposed, would modify the position.