EUROPEAN COMPLICATIONS

Taranaki Daily News, 16 April 1932, Page 9

EUROPEAN COMPLICATIONS

DISCLOSURES AT GENEVA -CRITICISM OF FRENCH PLANS. BALKAN SCRAMBLE FOR MONEY. By Telegraph—Press Assn.— Copyright. Recd. 10.30 p.m. London, A P ril 15 - A vivid description of European com-plications-as seen at Geneva was given bv Mr Greenwall, a Daily Express special representative, who depicts a scramble of the Balkan powers for money and France seek ng Turther powers to help her satellites while she herself is choked with hoarded gold. It is true, he says, that France has lent millions of francs to Jugo-Slavia and Hunoai-v, but she has benefited largely by orders for munititions placed by these Balkan countries. Works at Le Creusot and Skoda works, formerly Austrian . and now Czecho-Slovakian, have received many large-orders from the Balkan States The financial commission of the League, which expressed regret that so much was spent on war preparations recommends a loan of £.,700,000 to Austria and £2,000,000 to Greece. It is clear that the hegemony of _l< rance, established in 10W, is beginning, to totter Now France has conceived the idea of making the League a superstate. “But,” says Mr. Greenwall, unless France abandons the idea America will not remit a cent, of war debts, while it is understood Britain has definitely decided not to grant any. help to. the Balkan countries unless she is convinced they desire to help themselves.”