STILL A DEADLOCK.

Gisborne Times, Volume LXIX, Issue 10880, 26 April 1929, Page 5

STILL A DEADLOCK.

ONLY MIRACLE. CAN SAVE Rf J EAR A TIO X S CO NEEI > EXCE.

BRITISH AND FRENCH CIRCLES PESSIMISTIC.

GERMANY WILL NOT ADVA NCI: SUM OFFERED.

United Press Assn by El. Tel. Copyright (Australian Press Association.) (Received April 21, .3.3 p.m.; LONDON, April 24. The Daily Telegraph’s diplomatic correspondent .says: ‘‘Opinion in British circles lias changed to pessimism, following ihe reports from the delegation. It- is expected the breakdown will be euphemistically described as “a mere postponement till late summer or autumn.”

(Received April 23. .3.3 p.in.) PARIS; April 21. “Humanly speaking, the Reparations Conference is dead, yet miracles happen. Only an act of God can now -nvo the conference," said one observer. The idea appeal's to be that the experts are now at liberty seini-offi-eially to re-examine every point already raised. It is faintly hoped that, iin agreement may be reached in the process, where hitherto there has been none. If Germany and her creditor Powers at the end of drafting the report, find the position unaltered, there will be no alternative but to inform the government' that no result is attainable.

The 'French arc l of opinion that the chances now are of the smallest. They are concerned not only over the difference in figures, but with Herr Schnelit’s reluctance to effect immediate mobilisation of the pari of the debt over and above what the Allies require to pay the I'nitod States.

Optimists suggest as a basis of agreement, low annuities at first, rising steeply later, the idea being that if the Allies accept- payments only slightly above .£82.300.000 offered by Her r Selmeht. the prospect of assistance from the International Bank may induce him to agree to higher figures thereafter. The stumbling block, however, remains that while Herr Selmeht is eager to continue ihe discussions, there is not the slightest indication of his willingness to shift lu's ground. It is lelt to the chairman to summon the next plenary session.

GERMAN VIEWPOINT.

THREE POSSIBLE SOLUTIONS

OF DEADLOCK

AAI ENDED HAWES PLAN ASKED IN CASE OF FAILURE.

United Press Assn by El. Tel. Copyright

(Australian Press Association.) LONDON, April 24. (Received April 25. 5.5 p.m.) „ The Daily Telegraph’s Paris correspondent has been furnished with the statement of the German viewpoint of the reparations impasse, which gives the opinion that there are three possible solutions: (1) That the Allies will reduce their demands: (2) that Germany must be enabled to increase her capacity fo r payment; (3) provisional agreement, pending better times. If none of these are acceptable Germany is prepared to continue the Dawes plan, but the transfer clauses must operate without delay. Germany is unwilling to continue payments from borrowed money.

DOMINIONS' ( LA IMS

THORNY PROBLEM' BEFORE CONFERENCE. (Australian Press Association.) United Press Assn, by El. Tel. Copyright i Received April 2d. 11 p.m.) LONDON. April 2-5. The “Financial Times' " Paris correspondent says that the discussion among experts lias been most strained lately. Not only were there verbal battles with the Germans, but .Hr Joseph Stamp and Mr. Charles Addis were oblig'd to stand up firmly against the French, Belgian and Italian delegates for repa rations claimed by Ur* jHi Mi Doiuciicns. The repre.sentaG -os i t the "ounlrics named sought si renin; a s', y to have the Dominie is' claims panelled out between them, hue tin British representatives put up a -tfung defence and won .he day.