MAHOMET DECLINES TO GO TO MOUNTAIN

Manawatu Times, Volume LIV, Issue 6889, 20 April 1929, Page 9

MAHOMET DECLINES TO GO TO MOUNTAIN

Reparations Deadlock VIEWS OF GERMANY AND ALLIES IRRECONCILABLE COURTEOUS BUT FIRM. United Press Association —By Electric Telegrapn—Copyright. Received Friday, 9.5 p.m. PARIS, April 19. Reports that the Reparations Conference had resulted in a deadlock spread rapidly, but that scarcely represented the actual facts, though the situation is critical. What happened was that the subcommittee which was appointed in an endeavour to bridge the gap between the German and Allied proposals, failed after five hours’ strenuous work, to agree. Dr. Schacht was courteous but firm and did not budge one inch. The sub-committee will report its failure to-day to the plenary session of experts, who are faced with the responsibility of making a grave decision. If there is no hope of agreement, it will probably wind-up ten weeks’ work of the finost financial brains in Europe with majority and minority reports. It is stated that the German offer is at present about equivalent to twothirds of the sum required to ,meet the Allies’ reduced demands. It jis stated that Dr. Schacht refused to raise his offer one pfennig. The press reveals that Dr. Schacht, at the eleventh hour, introduced a political element by making an offer of £82,500,000 a year for 37 years.

LAST WORD NOT YET SAID. PARIS PRESS CONFIDENT OF A BRIGHTER OUTCOME United Service. Received Saturday, 2 a.m. LONDON, April 19. In commenting on tho reparations deadlock, Le Petit Parisien gives tho opinion that a too tragic view should not be taken of it. Tho Germans havo not said their last iVord. Dr. Schacht, it says, has apparently lost control of himself and much time will be required to dispel tho dark clouds, due to his maladroitness. L’Eeho dc Paris declares that the German Amabassador, Baron von Hoesch, informed M. -Briand two days before the funeral of Foch that the Germans would not tolerate the Rhineland Commission longer than 1935, adding that Germany would again ask for immediate evacuation relying an -expected assistance following the British general elections.

LORD REVELSTOKE IS FOUND DEAD IN BED. BRITISH COMMITTEE CHAIRMAN. Received Saturday, 2 a.m. PARIS, April 19. Lord Revelstoke, chairman of the British committee, after discussing the reparations -with Dr. Schacht, wa3 found dead in bed at 7.30 p.m. of a heart attack. Ho was busily engaged in yesterday’s events leading to tho deadlock.