London, Sept, 25.
Spesking at a luncheon given uy the American Chamber of Com-mere in London to-day, the noted expert on economic affairs, Lord D'Abernon, formerly British Ame bassador in Berlin, said that there was tiver atime when the vigor-us exercise of ce-operation between the United States and Great Britain was more important than at presen Our civilisations were menaced by a very grave danger. Stability nad' been lost and we suffered today from violent world. deflation, which it' was indispensable to cor: eet, not by local currency mea sures, but by a widespread agreement to re-establish the price level, enabling debtors to pay and, poten tial buyers to. resume activity.m Wireless through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.