DEMANDS ON GERMANY.

Manawatu Standard, Volume XLIII, Issue 491, 1 September 1922, Page 5

DEMANDS ON GERMANY.

DECISION OF THE COMMISSION. / TREASURY BILLS ACCEPTED TILL END YEAR. By Electric Telegraph.—Copyright. Received September 1, 10.5 a.m. LONDON, Aug. 31. The Reparations Commission by two votes to one, Italy not voting, replaced Sir J. Bradbury’s motion in favour of an unconditional moratorium to the end of the year, and unanimously adopted tho Belgian proposal allowing payments to the end of tho year in German treasury bills. —A. and N.Z. cable. GAMBLING IN MARKS'. GREAT DEMAND IN LONDON. LONDON, Aug. 31. A remarkable gamble in German marks is proceeding in London, where none nro now purchasable. There is a daily demand tor thousands of pounds worth. Advice to iho people not to buy only causes an increase in tiie demand, which will not diminish while the exchange remains at the present fantastic level. The basis of iho gamble appears to be tho belief that while Germany is unable to redeem the mark at par, she will be in « position, sooner or later, to offer a compromise, which will be greatly to the advantage of present buyers.--A. apd N.Z, cable. ‘ ECONOMIC SITUATION. AMERICA MAY ASSIST. LONDON, Aug. 30. Gofernor Cox, on being interviewed with reference to President Harding’s announce* merit refusing to send Mr Hoover, to the Reparations Commission, said: “There is some assurance in President _ Harding’s hope that America may later_ interest herself in the European economic situation.” Governor Cox added: “Let us hope our services will be those of a physician, not an undertaker,”—A. and N.Z. cable, AUSTRIA’S APPEAL FOR HELP, PRESENT POSITION DESPERATE. VIENNA, Aug. 30. Austria has appealed to the League of Nations for speedy help. She declares her position is so desperate that by the time the Geneva discussions and investigations are over, she will have fallen down. She says that unless immediate assistance is given, the peace of Central Europe will be endangered. —A. and N.Z. cable.