16 DECEMBER 1932, Page 1

News of the Week

GREAT BRITAIN, the United States and France, have all.acted in regard to debts as popular opinion, so far as their elected legislatures represent public opinion, demanded. The . American Government would unquestionably have postponed payment of the instal- ments due on the 15th, but Congress would have none of it. The French Government would have paid the instalment, but the Chamber would have none of it, and the best Prime Minister France has had for years is compelled to relinquish office. The British Government has paid the instalment, and the House of Commons, undoubtedly reflecting in this matter the preponderance of considered opinion in the country, has without a vote, but without a dissentient voice, approved its decision.

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