STABILISATION OF EUROPE

Waikato Times, Volume 96, Issue 15024, 22 August 1922, Page 5

STABILISATION OF EUROPE

A WHOLE-WOULD JOB ; EFFECT OF FRENCH POLICY. UNITING GERMANY AND RUSSIA. ' (Australian and N.Z. Cable Assn.) Received Ayguat 22, 8.45 a.m. LONDiON, August 21. Sir George Paish, speaking at the League of Nations’ demonstration, urged that outstanding international controversies should be immediately referred to the League, in which Russia and Germany should be included. The world should come to the assistance of Europe, and every nation capable of lending should lend. Sir George Paish declared that the policy of France is uniting Russia and Ger--many. AUSTRIA’S DIRE PLIGHT, / • ( CANNOT WAIT FOR LEAGUE./ . THE MISSION OF THE MlNlSTEßS(Australian and N.Z. Cable Assn.) Received August 22, 9.30 a.m. VIENNA, Augusft 21. In connection with the visit; of the Chancellor and Finance Mindater to Prague and Berlin, it is stated that the rapid deterioration of the .situation makes it impossible to await the Assembly of the League of Nations. Germany and Czecho-Slovalda have been appealed to, because they are more materially interested in Austria’s salvaition than the Entente. GERMANY MORE HOPEFUL. / EFFECT OF BALFOUR NOTE. ;! (Australian and N.Z. Cable Assn.) Received August 22, 12.30 pjn. LONDON, August 21. The German Exchange has recovered on the active buying in view of tlie hope that Sir J. Bradbury’s and Ihe French delegates’ discussion will have a satisfactory result, arad despite the Reichsbank’s statement that the paper marks in circulation amount to 205,275,000 against the holding of gold and bullion of 1,000,000 marks. PARIS, August 21. The Matin suggests that M. Poincare, at the London Conference, assured the Allies that Franco would not make any demand for debts due by the Allies to her whatever was the outcome of the Balfour note. The newspaper advocates that the debtors could meet at Paris as a reply to the Balfour note, and request Britain to grant them a moratorium. M. Listeyrie, addressing a gallery of journalists, declared that the Balfour note had paralysed the Confer- • ence.