REPARATIONS AGREEMENT

Greymouth Evening Star, 28 August 1929, Page 5

REPARATIONS AGREEMENT

BRITISH CLAIMS MET

RHINELAND EVACUATION

(Australian Press Assn.) (By Cable—Press Assn.—Copyright.)

LONDON, August 26.

Mr Snowden’s rejection of the latest offer has again thrown the Conference into chaos.

The French emphasise that the four Powers have no further offer to make, and the initiative has been transferred to Britain. They point out that Mr Snowden has never yet intimated the figure he would accept. M. Loucheur describes Mr Snowden’s refusal as a painful surprise. He cannot believe that Britain will persist in refusing to come to a reasonable agreement. If the Young plan is redrafted, .the Powers will enter upon a perilous adventure; so France refuses to co-operate in a demolition of the Young Plan, but awaits Mr Snowden’s proposals. A French correspondent, telegraphing to the “Daily Telegraph” from The Hague, says the impression tonight is that Mr Snowden will not be satisfied unless eighty per cent, of Britain’s claims are met, according to his own valuation.

ALLEGED TERMS.

(Received August 28, 1.3 op.m.) THE HAGUE, August 27.

A consensus of reports here state that an agreement has been reached on the basis of Britain receiving seventy-five per cent, of her demands, and Germany being guaranteed complete evacuation of the Rhineland by June 3 next.