Word: statesmen
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...South Africa local statesmen enjoy vexing the Bank of England by keeping their local pounds & shillings on the gold standard. Patriotic appeals from London, urging South Africa to follow the Mother Country off gold, have fallen on deaf Afrikander ears. "While I remain Premier," has declared militant, Dutch-blooded South African Premier James Barry Munnik Hertzog, "we shall remain on gold...
Paradox: although France holds the largest store of monetary gold ever amassed in Europe, and although five-sevenths of the world's new gold is being mined in the British Empire, both French and British statesmen are agreed that they can pay their debts to the U. S. only to the extent that Germany pays them Reparations (see below). They cannot (i.e. will not) pay out of the stupendous gold stocks they hold and produce. The Allies seized from beaten Germany such of her colonies as produced gold. Today the Fatherland simply does not produce the bright metal...
...inducing the Lausanne Conference to come to some sort of an agreement last week belonged to snowy-haired, silver-tongued James Ramsay MacDonald who suffered agonizing headaches from overworking his weak eyes. When the long grind of 24 days ended, climaxed by 60 hours of almost ceaseless negotiation, statesmen and correspondents gave way completely to their emotions...
Since the deliberations & conversations at Lausanne & Geneva were expected to go on indefinitely, smart young Robert Thompson Bell, press officer for the U. S. statesmen now in Switzerland, last week took a villa for the summer strategically located on the lake shore at Celigny, between Geneva and Lausanne...
Keynotes by Lausanne statesmen which revealed how far apart they were last week, except on the point that Europe must present a united front...