DAWES PLAN.

Press, Volume LX, Issue 18150, 13 August 1924, Page 9

DAWES PLAN.

GERMANY ACCEPTS. AN AGREEMENT SIGNED. (BS CABLE —rRESS ASSOCIATION—COPYRIGHT) (HECTER's TELEQRAMS.)

PARIS, August 11. The. text has been published of the preliminary agreement which tho Reparations Commission and Germany sr/c;d on Saturday. "'his binds Germany to take the necessary legislative measures to enforce the Dawes plan and the Commis-t-ion undertakes to take measures to the same end, including facilitating ttie issno of tho loan of £ 40,000,000. Both parties agree to make any additional arrangements upon which the London Conference may decide, and undertake to refer disputes regarding interpretation of the agreements to arbitration in accordance with methods to bo fixed by the London Conference.

RUHR OCCUPATION. TO END AFTER A YEAR (kectbh's telbgrams.)

(Received August 12th, 7.35 p.m.) LONDON, August 11.

The understanding that Franco is prepared to withdraw her troops from the Euhr a year after the execution of the Dawes plan caused an excellent impression in Conference circles. It is believed that Germany will not raise difficulties about accepting tho French conditions in this connexion, which probably will embrace the conclusion with France of a German commercial agreement. It is understood that Mr MacDonold has agreed to M. Herriot's proposal to have, before tho conclusion of tho Conference, an exchange of views with the German delegates on the question of German disarmament, in order to facilitate the undelayed resumption of the operation of the inter-Allied Commission of Military Control.

JUMP IN EXCHANGES. ACTIVE BUYING IN NEW YORK. (beuteb's teusqkams.) NEW YORK, Augus 11. Reports of full Allied agreement on the Dawes programme brought a flood" of buying of Allied exchanges. The demand for sterling went up 3J cents to a new high level of 4.56J dollars. The frano advanced 18 points to 5.71 cents. TO FREE THE RUHR. GERMANY'S HOPES IN CONFERENCE. ("thb times.") BERLIN, August 11. .

Unless the German delegation returns having secured an undertaking for the military evacuation of the Ruhr, - it need never have gone, and General Dawes need never have come to Europe, say the Nationalists, and a large section of Dr. Stresemann'a following. The general public is interested in the Conference only as a possible avenue to the evacuation of tho Ruhr. They will judge the delegation from this standpoint alone. Semi-official commentary on the London proceedings frankly admits thisy but suggests that the subject hlay bo discussed directly between Germany, and France and Belgiup. It is also hinted that Germany may find it profitable to trade certain copnmercial concessions in return for evacuation.