STRESEMANN FALLS

New Zealand Herald, Volume LX, Issue 18566, 26 November 1923, Page 9

STRESEMANN FALLS

DEFEATED IN REICHSTAG

EUROPE IN QUANDARY.

BACK TO MELTING POT.

LATEST HOPES BASHED. MYSTERIOUS LOAN OFFER. By Telegraph Press Association—Copyright. (Received 4.5 p.m.) A. and N.Z. LONDON. Nov. 34 The German Chancellor, Dr. Stresemann, resigned yesterday, following the passing by the Reichstag of a vote of no confidence in the- Government by 230 to 155. The President, Herr Ebert, accepted the resignation of the Cabinet and requested Dr. Strcsemann to carry on in. the interim.

The news of Dr. Slresemann's downfall, which coincided with the passim* of a Tote of confidence in M. Poincare by the French* Chamber of Deputies, ha 3 caused a considerable stir in diplomatic circles. It is pointed out that the whole European situation is again thrown into the melting pot af a time when there were sue a hopeful signs, as the Ambassadors' agreement at Paris, the appearance yesterday of a German delegation before the Reparation. Commission, and the announcement of an agreement between the French authorities and the Ruhr industrialists.

The Marquis Curzon, in the absence of nearly every Cabinet Minij'cr electioweerinc;. remains at the Foreign Office. In a letter declining to speak at Southporf ho referred to the exceedingly anxious position of foreign affairs, and stated that in the circumstances lie had undertaken to remain at his post.

There has been much speculation concerning Dr. Stresemann's reference on Thursday to an offer by foreign financiers of a loan of £.50.003.600. No confirmation of this could be obtained in the highest financial circles m London. The Daily Telegraph's diplomatic correspondent points out that a loan of such magnitude would be impossible without the cooperation of the biggest financial houses. The Beihn correspondent of the Daily Telegraph states, however, that Dr. Stresemann, in a statement to journalists after his defeat, said that to prove to Conservatives the reality of the loan negotiations he that morning had submitted to'the secretary of their party full documents relative thereto. He added that he would do his best to secure tho realisation of the loan, which, he hoped, would not be frustrated by his resignation.

Dr. htresemann felt that his Cabinet without the support of an unambiguous majority in the Reichstag would be prejudiced in negotiations with foreign Powers, and had therefore sought an open fight. He dealt at length with the return of the ex-Crown Prince, who, he said, had been greatly maligned abroad. The Prince was really a man of mature intelligence with a strong sense of responsibility. There were several violent scenes in the Reichstag before the vote was taken. A large force of police guarded every entrance to the Reichstag buildings. Dr. Stresemann dwelt on the hopelessness of the. situation so long as there was danger of Germany bleeding to death from wounds in the Rhine and the Ruhr. He declared that h'3 would not consent to see German payments go into France's cash book. "We have reached the end of our financial capacity," he declared. Ke also announced the removal of a state of emergency in a number of districts. SEEKING A SUCCESSOR.

INTENSE PARTY FRICTION. FUTILE CONFERENCES. Australian and N.Z. Cable Association. <Eecd. 9.42 pjn.) LONDON. Nov. 25. The Berlin correspondent of the Sunday Bppress states that efforts to find a successor for Dr. Stresem:inn hitherto have failed. The result of conferences only emphasises friction and differences. HenVon Kardoff was invited to form a Ministry but negotiations collapsed. Herr Hergt, leader of the Centre Catholic Party, conferred with the President, Herr Ebert, late last night. FRANCE HAS HER WAY. GERMANY BREAKING UP. XEW EUROPE IN MAKING. (Received 4.5 p.m.) Times. LONDON. Nov. 24.

The Times, in an editorial, says that the problem presented to the world by the fall of Dr. Stresemann is most serious. "' The plain fact is that Germany is breaking up, principally because the Ruhr ind the Rhine have been torn from her. It is probable that within a month or two the separation of this most important area from Germany will assume some tentative political form. " France has had her way. Her curiously systematic and coldly logical effort is nearing its goal. A new political entity is appearing in Middle Europe, moulded and dominated by France. The rest of chaotic Germany, deprived of this wealthy region, has little chance of speedy recovery. " A new Europe is shaping at our doors. The facts are still obscured by clauses of treaties and the noise of disputes. It is time to deal with realities. Britain needs above all at present the strongest Government capable of grappling fearlessly with realities in Europe." REPARATION COMMISSION. GERMAN DELEGATE HEARD. ECONOMIC UNITY NEEDED. Australian and N.Z. Cable Association (Reed. 3.5 p.m.) PARIS. Nov. 24. The German representative, Herr Fischer, addressing the Reparation Commission, maintained that only the restoration of Germany's economic unity could enable her to pub her finances in a healthy condition and restore her capacity to pay. He handed the commission a memorandum on the Belgian reparation scheme as a possible basis of negotiationsMILITANT GERMAN PARTIES. DISBANDMENT ORDERED. SL and N.Z. BERLIN. Nov. 23. General von Seecks, as supreme executive authority in the Reich, has forbidden and dissolved all military organisations and associations of the National, National Socialist and Communist parties. He has also ordered confiscation ox their property