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FOOD AND FINANCE.

. PARIS, March 27. The German Commission of six financiers has been instructed to come to Spa, after which they will receive instructions as to the meeting-place m France, there to consult, on. the means of payment for the food supplies and the question of the realisation or' German, securities fo'- the purpose. The Supremo Economic Council has invited the neutrals adjoining Germany to send delegates to discuss transitional questions of finance between them and the Allies. The invitation has been accepted. . Under the Brussels agreement, Germany is allowed to export certain commodities, but under Article 111. the export of coal, timber, dye stuffs, iron and steel products .sugar, glass., electrical, and certain other machinery is provisionally prohibited. It has now been agreed that the Allies shall have the pre-emptive right to purchase twothirds each of ,these commodities. The remaining third can be exported to other countries, the proceeds of sale to be applied to the payment of food. This arrangement will be abrogated after tjhe preliminary Peace Treaty is signed.

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https://paperspast.natlib.govt.nz/newspapers/AG19190331.2.35.11

Bibliographic details

Ashburton Guardian, Ashburton Guardian, Volume XXXIX, Issue 9573, 31 March 1919

Word Count
173

FOOD AND FINANCE. Ashburton Guardian, Volume XXXIX, Issue 9573, 31 March 1919

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