GERMANY CANNOT PAY
BURDEN OF WAR DEBTS. FRANCE MAY GIVE RELIEF. (Received' noon.) LONDON, November 4. The Paris correspondent of the “Daily Mail” says that Germany’s inability to repay £370,000,000 of “frozen” credits, under the. Young Plan payments advanced by France, Britain and the United States was stressed by the German ambassador in a lengthy conference with M. Laval, the French Premier, who indicated that France was 'willing, after referring to the Allies, to reduce the reparations proportions. The United States Congress might be willing to scale down the war debts. He added that this does not affect France’s claim for unconditional annuities, though these payments may be postponed if satisfactory guarantees were forthcoming from Germany.
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Northern Advocate, 5 November 1931, Page 6
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116GERMANY CANNOT PAY Northern Advocate, 5 November 1931, Page 6
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