LATER.

Waikato Times, Volume 112, Issue 18803, 26 November 1932, Page 5

LATER.

DIFFICULT, DELICATE TASK, "ABSOLUTELY INSUFFERABLE.” CHANCELLOR'S COMMENT. (Official Wireless.) (Received Nov. 2(5, J 2.30 -p.m.) RUT. BY, Nov. 25. The subject of the United States note was referred to at Birmingham this afternoon by Mr Neville Chamberlain, 'Chancellor of the Exchequer, who said: “The decision which must be taken is one of the most rlinhMi 11, and delicate which has ever fallen to (lie lot of any Government. "For years Hie policy of this country with regard to both reparations and war debts has been that all should be wiped out. ’They went to Lausanne, and there came to certain agreements that all reparation payments should be suspended. "We never conleniplaled a sta'le of things in which we might be asked to make payments equivalent to another shilling in the pound on our income lax, while at the same lime we were receiving nothing from our debtors. That alone, from the view of histire and the possibility of maintaining our industries, would bo ab»uiululy m»uiferMates-”