Salt Lake Telegram | 1932-06-03 | Page 19 | Grandi Urges Debts Relief

GRANDI URGES DEBTS RELIEF ROME June 3 The P P The world must ACt ct quickly Foreign Minister Ditto Grandi randi told the senate today to meeta meet a situation which threatens to become become be- be come a real crisis in civilization Debts and reparations must be C canceled can can- ln- ln he asserted and there must be c wide vide application of the principles of oC the Hoover debts proposals to halt a depression which is steadily getting worse orse and to set the economic machinery ma- ma chinery to functioning again He called upon the st statesmen of the world orld to lose no time in forming a l united front of will and sane courage for Cor or impatient peoples cannot wait walt any ny longer In urging cancellation of the debt heritage he repeated that Italy is willing to fulfill its obligations to the ic utmost limit of oC its capacity but butle he le asserted that these limits are arc constituted con con- by the payments which we In n our turn receive The disarmament conference he said aid appears to have been beers a dead- dead deadlock lock ock lock yet for the worlds world's own sake both oth that conference and the meeting this lis month at Lausanne must start star action soon Signor Signer Grandi reiterated Italy's willingness to disarm to the lowest level and renewed the offer to put into nto application the tho Italian Franco naval aval accord which was reached in March larch last year