London, July 23. The British Government has no knowledge of a scheme for a big peace development loan to Germany in return for Germany carrying out a programme of disarmament, writes the Diplomatic Correspondent of the "Sunday Times."
Neither Mr, Neville Chamberlain, the Prime MiBister, nor Lord Halifax, the Foreign Secretary, nor any other member of the Cabinet, the correspondent says, had any such proposals under consideration, much less communicated them to Dr. Wohltat, German Minister of Economics, when he was in London last week, A more important aspect of Dr. Wohltat's conversations in London, he adds, is that he could not fail to have had impressed on him the determination of the British Government and people to resist aggression in Europe, and carry out, if the need arises, their pledges to Poland, Rumania and Greece.
For the rest, the correspondent says, the door to peaceful negotiation has never been locked, but only Germany can open it.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.