LONDON CONFERENCE

Evening Post, Volume CIV, Issue 143, 14 December 1922, Page 5

LONDON CONFERENCE

NO RUPTURE IN JANUARY

THE CONVICTION OF M. POINCARE. :

(UNHID \PRBSS ASSOCIATION—COPTIUOHT.)

(AUITRALUN - NEW ZBALAND CAIM ABSOCIAIieK.)

(Received--14.th December, 9 a.m.)

PARIS, 13th December;

M. Poincare, in an interview with the "Petit Parisien," said Mr. Bonar Law had favourably received the proposal to withdraw' the Balfour Note and allow France to pay Britain bonds instead of cash. ' This was a great step forward, because Mr. Lioyd George had alwajs opposed -A,e tends scheme. In respect, to the new German p'ropo-. ails there wes not a discordant note at the London Conference, which unanimously rejected the proposals. France could not consent to a moratorium without guarantees: M. Poincare added that he was convinced there would be no rupture iv January even if he failed to reach an agreement -"with Britain. TII3 Balfour Note issued at Ihe end of July, cont&iued proposals for an adjustment of international debts'with the object of stabilising world conditions, but more particularly the condition of Europe, In the Note Britain was shown to be willing to cancel the war debts conditionally on Britain's 'debt to America and the Allied deb} to Britain being considered as a whole. Provided the cancellation was general, Britain was prepared to go further, and to abandon her rights to reparation froni Germany.