FRANCE’S POLICY

Dominion, Volume 15, Issue 284, 26 August 1922, Page 5

FRANCE’S POLICY

INCREASES GERMANS’ POSTWAR ANIMOSITY CRUSHING TERMS WOUND NATIONAL HONOUR LUDENDORFF INTERVIEWED IN PARIS The post-war animosity of the Germans towards France has considerably increased, according to von Ludendorff, and he attributes the fact to the crushing terms France Imposed. Von Ludendorff says that if the German people could be assured of a new future based on great common Interests with France they would work with ono mind with the French for the restoration of Europe.

By Telegraph.—Press association. —OOPYBIGHT. (Rec. August 25, 5-5 p.m.) Paris, August 24. Von Ludendorff, interviewed by the “Echo de Paris,” admitted that postwar German animosity towards France bad considerably increased, which he attributed to the crushing and impossible terms Franco had imposed, wounding the German national honour. If France at last was beginning to realise that a policy of oppression towards Germany would lead only to ruin, she would sooner or later change her policy. “I am convinced,” von Ludendorff added, “If the German people could be assured of a new future based on great common interests with France they would work with one mind with the French for the restoration of Europe and the common welfare of the two countries.”—Aus.-N.Z. Cable Assn.

GERMANY’S LATEST OFFER MISSION CONSIDERS IT RIDICULOUS Paris, August 24. Although there is the utmost secrecy in Berlin with regard to the outcome of the mission of Sir'John Bradbury and M. Mauclere, several newspapers state that the German Finance Minister only offered, in the event of default in payments in kind, to guarantee two and a half millions sterling, which would ba supplied by the German banks. The newspapers allege that the delegation considered the offer ridiculous. —Aus.N. Cable Assn. DANGEROUS INTERNATIONAL SITUATION 1 / WAR YEARS SHOULD BE FORGOTTEN (Rec. August' 25, 8.40 p.m.) - London, August 24. Mr. J. H. Thomas, in an address to the said the present international situation was most difficult and dangerous. If Austria collapsed, Germany would follow, and France would be ten times worse off- He hoped she would be wise and sensible. The only means of restoring the trade prosperity of the world was to forget 1914-1918, and direct all efforts towards securing the pence of the world, not the maintenance of enmity.—Aus.N.Z. Cable Assn.

BERLIN EXCHANGE FLOODED WITH MARKS FOREIGN HOLDERS UNLOADING .. Berlin, August 24. The market is deluged with marks from foreign holders, who have flung them in for sale with no other object than that of getting out at any costBut holders of foreign money, especially dollars, are most unwilling to sell. Consequently the volume)of business at the present mad prices is very small. The collapse of the mark is attributed locally to the complete, loss of faith in its recovery, and also to pessimism as to the outcome of the 'present negotiations of Sir .John Bradbury and M. Mauclere with the Government. The absence of news on the subject has created wild rumours, including tliat of the imminent departure of Sir John Bradbury and M. Mauclere. The panicky excitement of the oxchanges is largely due to these rumours, and is therefore not altogether warranted ; but evidently stiff •'bargaining is proceeding. The violent fall in the exchange is regarded as a danger signal for a political storm. —“The Times.”

HEAVY SALES IN LONDON (Rec. August 25, 5.5 p.m.) London, August 24. The exchange on Berlin is 8250 marks to £l, after touching 8550 on heavy sales, following a report that Sir John Bradbury’s and M. Mauclere s negotiations with the German Chancellor were unsuccessful. —Aus.-N.Z. Cable Assn.

FRANCE’S CANCELLATION OF. SANCTIONS ' DUE TO LOSS OF ALSATIAN TRADE (Rec. August 25, 5-5 p.m.) London, August 24. The “Daily Telegraph” understands that the real reason why France cancelled the sanctions in Alsace was because of protests from the Alsatian chambers of commerce that sequestration of German property was ruining the country’s trade, which was mainly with Germany, carried on under a special provision of the Versailles Treaty. The Alsatians hate the Germans more than other Frenchmen do, but in practice business men are not willing to sacrifice trade to sentiment. —Aus.N.Z. Cable Assn.