Aug. 8.
"1 do not favour a moratorium. sre nek materially help con. ditions", says Senator Borah, in. a telegram toa conference here' which discussing world trade conditions.
The Senator adds: "Readjustment lon. the basis of the capacity of debtor nations to pay would be almost equally ineffective. Neither these schemes, nor both of them, would open markets and start trade, If, however, post-war problems such' las debts, reparations © and armaments, can be solved and the re-Storation of the Gold Standard and the stabilisation of silver for the Orient can be accepted, then I should willing to seo the debt used in Jany way that would make the programme a succass."—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.