GERMAN MOVE.
I§an offer impending. p, -— IJO be made TO ALL allies
LOANS AND A PACT.
SHARP RISE OF FRANC.
„ # le*r*ph— Association—Copyright ] (Received 6.80 p.m.) I A. and N.Z. LONDON. March 91. | -r] diplomatic correspondent of the J Westminster Gazette understands that j Germany is about to make an offer to all the Allies to settle the reparation ques- ! tion The plan includes an internal loan I to bo followed by an international loan : Beared by customs, railways and a per- j centage of industrial profits.. A pact will be also proffered to allow supervision of j uch German factories and railways as j could be used for wat purposes, provided I that similar control is exercised over j France's potential war powers. Exchange on Piria was quoted- yester- j Jay a 71.80 francs to the pound, as j gainst 73.25 on Monday. 3 While some regard the rise of the franc j A3 due to artificial causes, it is generally ! believed to be due to confidence regard- ' ing the possibility of negotiations in the } Ruhr.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18355, 22 March 1923, Page 7
Word Count
176GERMAN MOVE. New Zealand Herald, Volume LX, Issue 18355, 22 March 1923, Page 7
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