POINCARE'S PLAN COMPLETE REPARATIONS

Evening Post, Volume CV, Issue 89, 14 April 1923, Page 7

POINCARE'S PLAN

COMPLETE REPARATIONS

FRANCE AND BELGIUM TO TAKE PRIORITY

PAYING DEBTS IN GERMAN BONDS,

(UNITED PRESS ASSOCIATION COPTRIOHT.) {AUSTRALIAN . NBW ZEALAND CABLE ASSOCIATION.) (Received 14th April, 9 a.m.) PARIS, 13th April. The "Matin" states that M. Poincare is submitting 1 to MM, Theunis andi Jaspar, Belgian Premier and Foreign Minister respectively, a complete reparation plan linked with the Allied debt. He proposes to surrender to the United States, in payment of the inter-Allied debt, a part of the 82,000 million gold marks included under the German "C" bonds provided for under the London Agreement of 1921. He proposes also priority, for French and Belgian claims on "A" and "B" bonds, leaving England to share in "C" bonds. M. Poincare is suggesting that France and Belgium take the chief share in the 40,000 million gold marks cash, which Germany announces that she is wiling to pay. Payments must be made within. a decade. Payments will be under three heads: (1) To France; (2) to Italy, Jugo-Slavia, and Eumania; (i) to Belgium. Also France and Belgium will take the first 40,000 million of "A" and "B" bonds, England taking the rest, and accepting payment of France's debt in German "C" bonds. Should the plan be adopted, France will consent to the internationalisation of the Ruhr and Rhineland under a League of Nations Commission. The "Matin" states that the plan is reinforced by approval from London, and accords with thel Belgian views.