GERMAN REPARATION.

New Zealand Herald, Volume LXVII, Issue 20465, 17 January 1930, Page 11

GERMAN REPARATION.

QUESTION OF ' SANCTIONS.

AGREEMENT REACHED.

PROCEDURE IN DEFAULT.

By Telegraph—Press Association— Copyright

(Received January 16, 5.5 p.m.) THE HAGUE, Jan. 15

The delegates to the Hague Conference of the six Powers satisfactorily disposed of the question of sanctions by the issue of a declaration, signed by the representatives of Belgium, Britain, France, Italy and Japan, which has been annexed to the final protocol of the conference. The declaration says the plan includes procedure for overcoming differences in opinion and difficulties in its operation, but if Germany violates her pledges and adopts action that wculd destroy the plan, creditor Governments would appeal to the Permanent Court of International Justice. If the Court were to decide that Germany was trying to destroy the plan the creditors would resume full liberty of action. It adds that the creditors are convinced that such a hypothetical situation will not arise. They feel assured that Germany shares this conviction, but they are bound in loyalty to their respective countries to make the declaration.

The German delegation expressed their regrets that such an eventuality, which they say is impossible, should be contemplated. They agree to the proposals.