London, Apr. 4.
Only ce-operative efforts of all nations can solve the world's present economic problems, said Sir Herbert Lawrence, chairman of the Vickers, Lid,, at the annual meeting of shareholders, yesterday.
As long as the present situation regards inter-Allied debts, quotas, ox-change restrictions, ete., continues, so ong will trade among the world's nations be hampered and extremes of nationalism fostered.
"The only hope for the future." he went on, "is that the League of Nations will be re-constituted on an economic bas's to include great countries, like Germany, Japan. and the United States, and that nations of the world should unite in seeking the solution of problems which impede the recovery of world trade."
"The real cause of wars in past, and in the future, is economic, and the avoidance of war will be successful 1 far as that principle is recognized," he coneluded—Havas.
Text read from the printed page and cleaned; old type leaves the occasional error.