DEBTS POLICY

Taranaki Daily News, 10 June 1932, Page 7

DEBTS POLICY

UNITED STATES’ ATTITUDE RELATION TO REPARATIONS FOREIGN ENVOYS INQUIRE JUST THAT GERMANY PAYS THE BURDEN OF WAR COST By Telegraph—Press Assn.—Copyright. Rec. 5.5 p.m. New York, June 8. Powers receiving reparations from Germany have been informed through diplomatic channels that the United States has no sympathy with any programme envisaging cancellations of those reparations contingent upon an annulment of wartime debts due to America, states the Washington correspondent of the New York Times.

The State Department to-day tacitly admitted that various foreign envoys had made inquiries of Mr. H. L. Stimson, Secretary of State, on the question and had been informed of the position, but whether Mr. Stimson, as stated in a London report, informed Sir Ronald Lindsay, British Ambassador, that quite apart from the American debt phase it would be just for Germany to pay a reasonable amount of reparations was a question which remained unanswered here to-day. ' Officials declined to comment thereon and their silence led to extensive speculations on how far the United States might have gone informally in supporting any given solution of the reparation problem at Lausanne.

There was a feeling in responsible circles here that for all the reparations to be forgiven Germany would mean the cost of the war would be transferred to Allied and American shoulders.