GERMAN'S NEXT MOVE

Auckland Star, Volume LIX, Issue 215, 11 September 1928, Page 9

GERMAN'S NEXT MOVE

Faced With Poincare's Security Complex. I BEIAND MIGHT BS EASIER. (Australian and HZ. Picas Association.) . (Received 9.80 a.m.) ~ GENEVA, September 10. With the round of calls between the Big tire completed, the next step in the Rhineland discussions rests with Dr. Mueller, the German delegate. On being asked what his plan would bo he said that remembering the high hopes of the Thoiry conversations in 1926 and their abandonment, then the proposal to commercialise the Dawes payment into German railway bonds as ■oeurity.Jtwas surprising that the same idea was behind France's mind to-day. : The same difficulties would arias as were encountered in 1928. As an instance, there was a doubt whether there was sufficient liquid capital to absorb the bonds and ialso a four that their issue at live per cent might deflate 1 the existing bonds. p] There is a feeling among high-placed observers that if M. Briand had a free hand it might be easier to adjust the Rhineland, but he is subject to M. Poincare's. security complex, backed by a similar strong French mentality. Likewise there is a feeling that with only a few months to gp to evacuate the second Rhine zone a liberal French gesture might have risked the peace ideal.. Now that the German Chancellor, Dr. Mueller, has seen Lord Cushendun a meeting of the Big Five, to explore the .possibilities of the Rhineland evacuation question, is generally expected. Bur slowly" appears to be the guiding principle, while France * considers how far she, can safely go.