GERMAN PAYMENTS.
AMERICA INTERVENES. COMMISSION PROPOSED. TO DETERMINE ABILITY. fIfUMANY'S AGREEMENT. «yAI?CE WANTS GUARANTEES. pj i»Me.—Press Association.—Copyright.l (Received 10.W n.in.) LONDON", December 19. The New York "SunV Washington ccrrtspondent states that the United SUtes Government has suggested inforjjy to JI. Poincare the establishment of »n international commission composed of tie greatest financiers of the world, to mediate on the question of German titrations, and to determine German ibijity to pay. fie German Government has been Branded/on the proposal, to which the Ambtßsador at Washington is under jteod to have assented, with the proTill) tbat the United States will assure tin fair and just treatment of Germany. France has not yet given an a.ssurijceiof her participation, and is apparently ((Waiting & guarantee of immediate benefit from the proposals, particularly {hit priority in restoration he given to the French rather than the Germans. United States private banks will probibh/be called on for a German loa.ii «tin>ated at 1,500,000,000 to 2.000,000,000 dollars. , Mr. J. ; P. Morgan, jun., has issued the followingstatement: ''The German Ambuador, Dr. Wiedenfeld, called to make in inquiry ac to tlle P oss 'bility of our irm'indertaking to assist in the flotation* pf a large so-called international loin'toGermany. He was informed that we greatly desired to be of service in ttt-gewrol situation, nevertheless mattn»'ha<T reached such a point that it vii impossible for us to discuss or conader r * loan to Germany unless and until the reparations questions were ;| Mttfed."?-(A. and N.Z. Cable.)
BECtraiTY FOR A LOAN. TAXATION AND CUSTOMS. f«; LONDON, December 19. llit Berlin correspondent of the "Daily Erpnss" learns on good authority that the German Ambassador at Washington til been authorised to offer as security for loan special taxation and Customs m mc.- Industrial magnates have also offefedtto take, over the railways and port, iffice, pledging a proportion of the neejj|e for the same purpose. — (A. ana X.Z. Cable.)
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Bibliographic details
Auckland Star, Volume LIII, Issue 301, 20 December 1922, Page 5
Word Count
311
GERMAN PAYMENTS.
Auckland Star, Volume LIII, Issue 301, 20 December 1922, Page 5
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