NEW TREATY

New Zealand Herald, Volume LXXI, Issue 21911, 21 September 1934, Page 12

NEW TREATY

FRANCE AND RUSSIA fJ - - DRAFTED AT GENEVA HOPE OF EARLY SIGNING SOVIET'S FEE TO LEAGUE - By Telegraph—Press Association—Copyright -I*l. (Received September 20. 6.25 p.m.) -U> GENEVA. Sept. 19 r ' M ' It is understood that the Russian T. Foreign Commissar, M. Litvinoff, and the French Foreign Minister, M. Barthou, at a long conference, drafted a i Franco-Russian treaty of mutual assistance similar to the pre-war alliance. The treaty is to remain within the -? scope of the covenant of the league of : Nations and will replace the proposed Eastern Locarno Pact. ,„i M. Barthou has gone to Paris to report to his Cabinet. The Governments hope the treaty will be signed before the conclusion of the Assembly. Russia's annual subscription to the League's finances will equal Britain s, 7* which is fixed at £225,000 for the 1935 .J, Budget—the largest contribution made by any single State to date. X FRENCH FINANCES \:ui INFLUENCE OF GENEVA ARMAMENTS SITUATION. (Received September 20. 5.5 p.m.) PARIS. Sept. 19 In announcing a consolidation loan for a term of three to ten years at 4} per cent, for an amount not yet " fixed, the/Minister of Finance, M. Gery.' main Martin, said that if international events became graver, necessitating increased armaments, it would be logical to create a special armaments! account, as in 1915. However, developments at Genera indicated peace.