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...prolonged Ruhr row and the concomitant sterility in industry and commerce, it is only natural that they should favor any move calculated to bring the whole business to a speedy end. The Pope has not been idle. The failure of his letter of a week ago to Cardinal Gasparri was no deterrent to him. The Papal Nuncios at Munich, Belgium, Paris, were hard at work. Mgr. Pacelli, Papal Nuncio at Munich, went to Berlin and had a series of consultations with Chancellor Cuno with the result that the German Government semi-officially discountenanced sabotage. The Nuncios at Paris and Brussels...

Author: /time Magazine | Title: THE RUHR: Crisis | 7/16/1923 | See Source »

...great sensation of the week was the letter from Pope Pius XI to the Papal Secretary of State, Cardinal Gasparri, suggesting plans for an early Ruhr peace. The Pope backed the suggestion, emanating from U. S. Secretary of State Hughes, for an international conference to fix Germany's capacity to pay reparations. He also suggested that the Ruhr occupation should be withdrawn progressively as guarantees for payment from the Germans became effective. The Pope expressed some surprise that his suggestions were received unfavorably by the French Government, which considers the Pope's message an attempt to undermine...

Author: /time Magazine | Title: THE RUHR: Europe and Reparations | 7/9/1923 | See Source »

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