GERMANY’S PRIVATE CREDITOR'S
A REQUEST DECLINED. Press Association—By Telegraph—Copyright PARIS. July 28. (Received July 29, at 1.5 a.m.) Replying to the Gorman Ambassador, who requested a reduction in the instalments which aro payable to Germany’s private creditors. M. Poincare stated that owing to Germany’s bad faith regarding debts the Allies bad unanimously decided to insist upon a continuation of the payments—namely, £2,000,000 monthly.— Renter. [’An official Gorman Note recently announced a cessation of the payment of the pre-war commercial debts and compensation respecting (ho war-time seizure of private property. Neither class of payment comes under the jurisdiction of the Reparations Commission. They arc administered by a special clearing office, which agreed to a monthly payment by Germany of p 2,000,000. the arrears ot the liabilities to France alone are £13,000.000. Germany requested a reduction of the instalments to £500,000.]
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Evening Star, Issue 18033, 29 July 1922, Page 3
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139GERMANY’S PRIVATE CREDITOR'S Evening Star, Issue 18033, 29 July 1922, Page 3
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