REPARATIONS CONFERENCE

Evening Star, Issue 20255, 16 August 1929, Page 9

REPARATIONS CONFERENCE

Ml SNOWDEN'S ATTITUDE a * CANNOT WAIT MUCH LONGER ’? Press Association—By Telegraph—Copyright. THE HAGUE, August 15. Mr Snowden dramatically sent letters /to the creditor Powers stating that he expects ,his resolutions to be discussed without delay, and that he cannot wait much longer.—Australian Press Association. NEGOTIATIONS PROCEEDING. LONDON, August 15. The negotiations between the financial experts at The Hague, with a view of discovering a means to satisfy the British claims, are described as making slow but not unsatisfactory progress. It was in order to permit thencontinuance that the Financial Committee decided not to meet till Saturday, and it is expected then that one o, more sub-committees will be created for the purpose of discussing questions already raised before the Commission, swnpng them Mr Snowden’s three points. It is generally believed that the leading delegates will go home after the meeting on Saturday, while the work of the sub-committees progresses.—Australian Press Association. SENSATION CREATED. NO SIGN OF WAVERING. THE HAGUE, August 15. (Received August 16, at 9.15 a.m.) That Mr Snowden took action in order to renu >e the misapprehension that lie was wavering in his demands is regarded as a reply to the other credito Powers, who last night agreed that thei ; interests and the Young Plan wer< the same, and that solidarity prevailed among them. Mr Snowden’s letter created a sensation, and is expected tc induce the French, Italian, Belgian, and Japanese delegates to speed up their efforts to find a compromise which can bo offered to Britain.—Australian Press Association. MERELY A PERSONAL LETTER. (British Official Wireless.) fr*n Association—By Telegraph-Copyright. RUGBY,' August 15. (Received August 16, at 11.30 a.m.) The statement is published that Mr Snowden (British _ Chancellor of the Exchequer) has written a letter to the statesmen at The Hague asking that his proposal for a revision of the reparations plan shall be dealt with without delay, and stating that he cannot wait much longer for a decision. The British delegation at The Hague states, however, that the letter in question was merely a personal note whip Mr Snowden passed to M. Jaspar (Belgian Prime Minister) during Wednes day’s session of the Financial Commission, in which he used the same terr which ho later expressed before the Commission namely, that he hoped that the private negotiations now in progress would permit early action. on bis resolutions for the creation of a sub-committee to revise the percentage and annuity clauses of the Young Plan.

BRITISH CIRCLES STILL HOPEFUL. THE HAGUE, August 15. (Received August 16, at 11.50 a.m.) The Belgian delegate to-day saw Mr Snowden, and made an offer, which the latter declared to be unsatisfactory. Jt is understood that Mr Snowden adheres to bis determination to leave on Saturday if no progress is made towards satisfying Britain. British circles are still hopeful of a last-minute settlement. Australian Press Association.