REPARATIONS.

Auckland Star, Volume LII, Issue 101, 29 April 1921, Page 5

REPARATIONS.

FIXING THE TOTAL I ■ i 1 SIX THOUSAND MILLIONS. j OFFER TO ALLIES. J QUITE UNSATISFACTORY. (By Cable—rres-s Association.—Copyright.) liKecelTed 11.30 a.m.) LONDON, April 28. J The Reparations Commission unanii raously fixed the total German reparai tions debt at 132.000,000,000 gold marks, lor £6,tW0,000,000. This docs not include. j repayment of all of- Belgium's borrowI ings from the Allies prior to the j armistice. J Mr. Lloyd George informed the House j of Commons to-day that he had seen the j German proposals submitted to the ! United States. Ho regretted to say that j they were thoroughly unsatisfactory. • German Socialist* exchanged heated passages with the Nationalists during the I'omifni policy debate in the Reichstag. Dr. Mueller, former Chancellor, described the Versailles Treaty as similar to that of Brest Litovsk. blaming the I Nationalists as being responsible for the breakdown of the German foreign policy, and protesting against the use of the exKaisorin's funeral to stimulate nionar--1 eh ism. i Ilerr Ilclfforich. replying amid disorder, declare,] that Imperial Germany was now the most peaceful power, and was willing to make bi~ sacrifices for the fulfilment of her obligations. He deprecated M. Briand's continual flourish of the nrsile.l fiot as shameful.— (A. and X.Z. Cable.) INADEQUATE AND VAGtTE. GEK3£ANY'S CAPACITT TO PAY. LONDON, April 27. The '"Times" says that analysis shows, 'in the first p:ace, that the German offer is conditional upon the present basis of German production being undiminished, which Berlin correspondents categorically state means the. retention of Upper Silesia. In the next place the amount of the annuities is left indefii nite. Then the conditions of the interj national loan remain vague, suggesting I that the former audacious contention that the loan should be exempted from j Allied income tax, is included. She I offers only 4 per cent interest on the I annuities until she can afford to pay more. The Allies are not likely to accept this j estimate of her capacity. France is uncompromising. The terms are absolutely unacceptable, say her leaders. The French claim that equivocation • underlies the whole Note, and that it ; really does not exceed the original I paltry offer of £1,500,000,000 for the total Allied •war damages. M. Briand was accorded an oration in I the Chamber of Deputies when he deI elared the Note was impossible, and that 1 Germany was ruled by selfish industrial I powers who wou'd ehansre their outlook when they saw the industries controlled in their own backyard.— ("Times. ,- )