REPARATIONS

Hokitika Guardian, 11 May 1929, Page 5

REPARATIONS

REJECTED BY BRITISH DELEGATION.

(United Press Association.—By Electric Telegraph.—Copyright.)

LONDON, Ma v 10

News from Paris states that there is no change in >the Reparations situation. Herr Schac;t conferred with other experts on the subject to call a find meeting. Meanwhile .Mr Young’s distribution ohm is the subject of private discussions. The British attitude remains as cabled. It is confirmed that Mr Young’s proposal left Britain nothing for the Dominions for d/Utt arrears. The fact that the Dominions were not directly represented at the conference is regarded hv the British delegation as a greater reason if reason were needed, for not \iehling on the- subject of the Dominion s share. The British delegation’s immo•diate rejection of Mr Young’s proposal to reduce this share to zero, is therefore self explanatory.

The “Daily Telegraph’s’’ dip’omatic correspondent says lie is able to reveal .that the British Empire would have received only. ’£35.600/00 out of five, hundred millions earmarked under Mr Young's plan'for reparations proper, and miscellaneous claims. The proportion of reparations would, therefore he reduced from 23 to only Hi ?’o«' centum. Incidentally,, the Dominion’s claim, amounting to about sixty millions, was wiped off the map by )dr Young.