NEW HOPE ARISEN.

New Zealand Herald, Volume LIX, Issue 18173, 19 August 1922, Page 9

NEW HOPE ARISEN.

jBBIfOH OPINION. frmleii. CHAFES OP COMPROMISE. BIDES TIME. SEVERAL PLANS IN VIEW. ' Ttle«x«pb—P»w Association— Copyright (Received 5.5 p.m.) A .«3N.Z. PARIS, Aug. 17. There are increasingly strong hopes A at a compromise in the moratorium will eventually be reached on E*~totiJly different from those dielUd in London. The Reparation Comndssion h.« purposely delayed its meetL until tho feverish atmosphere has died a*' a y> *** tho commissioTiers Inet in " formally to-day. They are making every effort to avoid a rupture between Britain d France, which a direct vote for or jgainst tho moratorium might produceIt is" understood the comToissioners are already deliberating on several compromise plans, which, while avoiding this would yield more than the pledges M Poincare demanded. It is believed an authorised member of the German Cabinet -ill be heard before a decision is reached. The first effort will be an invitation, to Germany to offer acceptable guarantees voluntarily in ord*r to save herself ciallyFRENCH SCHJSME FORMED. AGREEMENT BY CABINET. United S«mc*. LONDON. At* ». The Pari* correspondent of the Daily Mail states that the next step in the repirations discussions will be a meeting of Uießeparations Commission, which will consider the roorOoriuin. It is stated that M. Poincare has a definite assurance that Belgium will vote against the moratorium. In the improbable case of Belgium voting against Franc?, M. Dubois, the French representative, has been instructed to resign. A deadlock therefor-? appears most likelyWhen the commission has finished its discussion,' M. Poincare will disclose the jrcDch plans for independent action. «iich have been approved by Cabinet. It is understood that they include the seizure of all the German taxes and revenue in tin occupied territory held by French troops, the sequestration ef the Ruhr mines . and certain State forests. Meanwhile advices from Strassburg itate that as reprisals against the Alsace expulsions; the German authorities at Karlsruhe refused, visas for 5000 passports of Frenchmen wishing to visit Germany. The German banks are also refusing cheques acnt from Alsace. THE liONDON BREAKDOWN. CONSEQUENCES DEPLORED. I a. and N.Z..,' LONDON. Aug. 17. /*&?,• J- R- CTynes, addressing a conferenwjof the General Workers' Union, said ftewllapse of the latest International Con/erenctJ was lamentable and serious. Reparations could only be exacted iu so far ss foinniay was prosperous and free from the threat; of economic punishment and political disruption, Britain must not any longer support a policy spelling the economio rain <>f Germany.' "Where the Supreme Council failed the League of Nations; with Germany as a member, should ho called on to try new settlement pls-ns. .-V If the League reached no agreement. America should be asked to arbitrate. France suffered greatly from the devas- '■- :. tatidn of property, but Britain could no lunger await redress from the dislocation of trade and the burden of unemployment. France's prosperity wo&Id be made more secure by the goodwill of other nations than by using or carrying out threats of force. ATTITUDE OF BELGIUM. VALUES THE ENTENTE. Australian and N.Z. Cable Association. :'..;?' CBecd; 5-40 v.m.) BRUSSELS. Aug. 17. •A meeting of the Cabinet, after hearing M. Theunis and M. Jasper, approved of the Belgian attitude at the London Conference, and congratulated the delegates on their efforts to preserve tho Entente, agreeing that its maintenance was the Very core of Belgian policy. GERMAN BURDEN OF DEBT. PILING UP THE TOTAL. A. and N.Z. BEELIN. Aug. 17. The German floating debt increased by | 1,500,000,000 marks between August 1 and I 10, and now amounts to 312,000.000,000. I