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“LAST OF SANCTIONS.”

PROPOSAL TO LIFT THEM ON JULY IS. APPROVED BY CO-ORDINATION COMMITTEE. EXCHANGES BETWEEN LEAGUE DELEGATES. GENEVA, July 6. The Co-ordination Committee met under the presidency of Senhor de Vasconcellos (Portugal) and passed a resolution recording that the restrictive measures imposed against Italy are to be abrogated on July 15. Senhor de Vasconcellos said that sanctions were incomplete because the League was not yet universal, though the attitude of non-member States in encouraging trade sanctions had seriously affected Italy’s commerce. Countries had cut down Italian imports by half. It was estimated that Italy had lost half her gold reserve during the sanctions period. The resolution for the lifting of sanctions on July 15 was proposed by a British representative, Mr. Stevenson, after the Portuguese and Swiss delegates had proposed July 10. The opinion is generally expressed that this will be the last of sanctions, which the League will never again impose unless the nations are willing to apply military sanctions as well.

Mr. S. M. Bruce (Australia), the French delegates, and the Aga Khan supported the British date of July 15. The delegate for Haiti said that Italy represented 23 per cent, of Haiti's export trade, and urged that the question of compensation be studied. A sharp interchange occurred when the Polish delegate said that Poland had already abandoned sanctipns, as commercial relations between Italy and Poland were of little Importance. Senor de Madariaga (Spain) protested against this attitude, and stressed the danger of States annulling individually agreements mad© collectively. The French, British, and Swedish delegates associated themselves with Senor de Madariaga. Senhor de Vasconcellos ruled the subject out of order. The committee, on the motion of France, supported by Britain, asked that Governments should continue to report on trade with Italy until the end of June, that they should furnish before October 31 a memorandum setting out their experience with sanctions and their conclusions, and should appoint experts to serve on the committee, study all documents, and report on them to the Governments. OUT FOR TRADE FRANCE SEEKING IMMEDIATE ORDERS. HUNDREDS OF SALESMEN GOING TO ITALY. (Received This Day, 0.55 a.m.) PARIS, July 7. Hundreds of French salesmen are proceeding to Italy to secure orders immediately sanctions are lifted. Arrangements have been made for special freight trains to cross the frontier laden with steel, minerals, cotton waste, and chemicals, which are greatly needed in Italy. The French Government expects the raising of sanctions to reduce unemployment by 20,000, but industrialists believe that it will be more than a year before normal trade is restored.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19360708.2.53

Bibliographic details

Wairarapa Age, 8 July 1936, Page 5

Word Count
427

“LAST OF SANCTIONS.” Wairarapa Age, 8 July 1936, Page 5

“LAST OF SANCTIONS.” Wairarapa Age, 8 July 1936, Page 5

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