17 JANUARY 1925
A General Conference on the question of Inter-Allied debts is regarded as certain. The British Government, it is authoritatively stated, adheres to the principle of the Balfour Note as the basis of the policy it will develop in its reply to the French Memorandum lately received.
The Paris Press, in commenting on the formation of the new German Cabinet, lays stress on the reactionary character of Dr Luther’s Ministry.
In the French Chamber M. Herriot, the Premier, was questioned by a Communist Deputy with regard to the prosecution of Señor Blasco Ibanez, the Spanish novelist, on account of his pamphlet attacking King Alfonso. M. Herriot replied that he must see that the law was respected.
The Conference of the Baltic States opened at Helsingfors. The Soviet Press says that the formation of a Baltic Alliance should be regarded as a hostile action towards Russia, particularly if Poland participated.
A Cairo message with reference to the Egyptian elections says that the recent resignations from the party have caused a distinct feeling of nervousness and uneasiness in the ranks of the Zaghlulists.
The President of the Board of Trade, speaking at Bradford, said that while in the past few months the adverse balance of trade was excessive, there were a great many factors that made a pessimistic judgement too bad. There would not have been an appreciation of exchange if their adverse balance represented a growing debt.