20 JULY 1929, Page 21

PROBLEMS OF THE MOMENT.

And if I were asked to cite an example of this mental lethargy where great issues are at stake, -I should have no hesitation in instancing the inadequate attention given by bankers as a whole to the great problem of European indebtedness to the United States and also to the recent recommendations of the Committee of Experts in Paris with regard to the future of Reparations and the proposed setting up of the Bank for International 'Settlements, which promises to be nkind of super-central bank and a great factor for all time - in international' banking and finance. • . •