UNDER THE LASH

New Zealand Times, Volume XLVII, Issue 10896, 10 May 1921, Page 5

UNDER THE LASH

GERMANY COMPLAINS FINANCIAL CLAUSES ALARM THE MAGNATES. THE RUHR QUESTION. Bv Telegraph—Press Assn. —Conyright. 'Australian and N.Z. Cable Association. BERLIN, May 8. The newspapers generally regard the ultimatum terms as being incapable of execution. Herr Stinnes’s organ, the “Allegemeine Zeitung,” declares that if the conditions are accepted Germany engages to deliver all the rest of her capital. The “Berliner Tagablatt” thinks that the terms can be accepted if the occupation of the Ruhr does not prevent financial obligations being carried out. The “Daily Chronicle's” correspondent at Berlin points out that the organs of industrial magnates are directing very strong complaints, not against the financial clauses,, but against the disarmament and war criminal clauses of the Allies’ ultimatum. NO DECISION YET. BERLIN, May 8. The political parties have not readied a decision regarding the ultimatum. The Bavarian Premier has arrived, aDd declared that Bavaria is not willing to comply with the disarmament demands. The “Lokal Anzeiger” says that the Allies must put up a Communist Government to sign their ultimatum, as certainly no bourgeois German Government will sign it. • A DIFFICULT POSITION BELGIAN SOCIALISTS IN A QUANDARY. BRUSSELS, May 8. Tlie Socialist members of the Cabinet find themselves in a difficulty, through the threatened occupation of Ruhr. * M. Vandervelde (Minister for Justice) intends to resign if Ruhr is occupied. GERMAN CABINET BERLIN, May 8. According to the “Vossische Zeitung,” Dr. Mayer, German Ambassador to France, has refused an lffntation to form a Cabinet composed of members of the Majority Democrats and German People’s Parties, who favour non-compliance with the Allied ultimatum. The opinions of members of the Centrist Party are evenly divided. ALLIED COUNCILS AMERICAN (ACCEPTANCE OF INVITATION. IRjRBCONCILAjBLES ASTONISHED. Australian and N.Z. Cable Association. (Received May 9, 8.55 p.m.) WASHINGTON, May 8. Irreconcilable Republican Senators are astounded and stunned by President (Harding’s acceptance of the European Conferences. They felt certain that President Harding had abandoned the idea ef attempting to modify the Versailles Treaty, ana Messrs C. E. Hughes and H. O. Hoover are blamed for influencing the President to change his attitude. Significance is attached to the President’s action in securing a delay of the Senate resolution declaring that the United States is no longer at war with Austjia, Hungary and Germany. _____________