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PAYMENT by ITALY

Allied Property Owners (5 SCHEME FOR REDUCTION

press Association—Copyright) 10 p-m > PARIS, Sept. 19. . united States announced at the oi the Italian Economic Comot the Peace Conference that withdrawing her draft pros* i to- full compensation for United property owners in Italy. J « oB WUlard Thorp (United States) 1 7the United States would propose ■““Jr and substantially lower figure, //nee joined America in retracting , Tlaim for full compensation for nationals in Italy, but Britain ■'“'reed her position until the text of Sinew proposal was circulated. "■horn said-that America was with .mounting claims ““S' ttalv and had decided that sga !? n sat:on should be related to SKeapacity to pay. . He recalled ?t the Council of Foreign Ministers S Mt agree on the clause covering “ Mnsation Russia wanted it limited K "JShlrd and Britain, America, and proposed full payment. '/T commission postponed considerthe clause until the new K® proposal for a lower figure iSte circulated. “nStralia faded to secure insertion _i , -'ause giving restitution rights to J’cier nationals of enemy States who ■ ci Matured United Nations nationalafter the Italian armistice. Reuter’s correspondent says the f ,mch and American move for sealre down compensation leaves Bntain Sne supporting the original draft. Tte Associated Press correspondent -iAmerica and France, fearful of 5 great a strain on a friendly Italian Kliment at the edge of Slav Score deserted Britain on the quesL which might recast the whole ecoWBic aspect of the peace settlements.

Big Four Agreement “At the meeting of the Italian Political and Territorial Commission, the united States served notice on the Slav bloc that the Big Four agreement on Trieste and the Italian-Jugo-dav frontier was ‘all one decision,’ sys the Associated Press correspon'kfhe Canadian delegate (Mr T. Claxton) urged that the decision be supnipmented with a tribunal similar to L United States-Canadian Joint Commission to handle frontier disputes. He supported South Africa’s proposal to enlarge Trieste to include the Italian communities on the Istrian coast. The commission, by 17 votes to one, rejected the Brazilian amendment fixing the Italian-Jugoslav frontier near Morgan Line, north of Trieste. The Russian delegate (Mr Vyshintky) asserted that the South African proposal was merely a revival of the British line submitted to the Council Foreign Ministers, and thereafter abandoned by the British in favour of the French line. The New Zealand delegate (the Hon. H. G. R. Mason), supporting South Africa’s view, said he thought fear was the basis of Jugoslavia’s attitude in opposing a corridor from Trieste to Monfalcone, because it contained a railway. The commission adjourned. The Trieste sub-committee is to ' ork out a formula whether the free territory’s governor should promulgate laws as proposed by America and France or whether the laws should be promulgated by popular assemblv as imposed in the Russian and Jugoslav jraft statute. Mr Vyshinsky (Russia) suggested Sat if the assembly was unable to promulgate laws it had better be liquidated. Mr Bebler (Jugoslavia) said that if he governor could promulgate laws he Fas the virtual president and not a pvemor. Mr Sternaale Bennett (Britain) suggested that further discussion was useless in view of fundamental differences in outlook. I The military commission adopted fee military clauses of the Italian draft treaty as a whole with all amendments fcopted earlier. 1 The commission’s report will now be prepared for the plenary session of the fcnference. Oil Companies in Rumania I In the Balkan Economic CommisBon Mr J. Gregory (Britain) speaking lon the proposal to insert a special ■clause in the Rumanian treaty to project United Nations oil companies in Jhimania said the companies were operating under great disadvantages which yright make continued working impossible. . He asked for compensation •Minding the provision of foreign ex•nange for damage and destruction raring war-time and the repeal of je Nazi-inspired petroleum law of Mr Gregory said that replies receiv- » by the commission from the Rumanian delegation showed that United (ations petroleum concerns were a subJantiti part of Rumanian economy, “ting a considerable contribution to reparations deliveries. He ’ranted it to be clearly understood he *asnot seeking to reopen reparations ftestions. If the companies were to ®nunue delivering the. large tonnage it oil which they still produced even Jfter the war-4.000,000 tons which “raually went into reparations paywas essential that they jQouia be allowed foreign exchange , e ssenual equipment which was not obtainable in Rumania. mt Gregory said that Britain’s interJF was . not selfish. It was a question J thiS e ' • askin S tor the repeal «ie Nazi-inspired law he was pro.2®* the restoration of Rumanian Britain asked for restora--1937 law - but the Rumanian Government upw decide on and pass a if it wished. commission adjourned. Anrfw tangle of German assets in Russia’s claims on them >-■ lfin;.J Jreoccu Pi e< t Austria’s Foreign 1 hp?s r Gruber), who is busy I th? to clear the way for ' corr«£S ar \ Treat y.” says Reuter’s | iS,°hdent. “The Austrians want I be the Russians to abide by I tmj On declaration of January 5, 1 Wm . r , w tuch all transactions con- | r alid under azi control were inI exem Pt the bulk of I k hrt industry from conflscaI ’ParatinJ- “pssia is claiming as P Bans at°?i? all ? ssets owned by Ger- ; ®urcpc of the war. Austrian | keadv say that the Russians J oil confiscated Austria’s enS MnlaUu* sial5 ial silk - turbine, glass, I f the dustries - and 80 per cent. O Q d ghfJuSSf l ? ll machinery, cutlery, i E the hat J etal industries. 70 per cent. * 'per oiant. and 40 to I *1 anTSi ?! the locomotive, hydroS hunc acid manufacturing

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19460921.2.84

Bibliographic details

Press, Volume LXXXII, Issue 24986, 21 September 1946, Page 7

Word Count
927

PAYMENT by ITALY Press, Volume LXXXII, Issue 24986, 21 September 1946, Page 7

PAYMENT by ITALY Press, Volume LXXXII, Issue 24986, 21 September 1946, Page 7