TO AVOID RUPTURE

New Zealand Times, Volume XLIX, Issue 11293, 19 August 1922, Page 5

TO AVOID RUPTURE

BRITAIN ANB JAPAN REPARATIONS COMMISSION MAKING EVERY EFFORT. MORATORIUM COMPROMISEE By Telegraph—Press Assn.—Copyright. Australian aml JV.Z. Cahle AaavHn^tnn. (Received August 18, 8.45 pan.) PARIS, August 17. There are increasingly strong hopes that a compromise on the moratorium problem will eventually be reached on lines totally different from those disin London. The Reparations Commission purposely delated its meeting until the feverish atmosphere died away, but the Commissioners met informally to-day. They are making every effort to avoid an Anglo-French rupture, which a direct vote for or against the moratorium might produce. It is understood that the Comm». aioners are already deliberating on several compromise plans which, while avoiding a rupture, would yield more and be productive of the pledges M. Poincare demanded. It is believed that an authorised German Cabinet Minister will be beard by the Commission before the decision is reached. The first efforts will be an invitation to Germany to offer acceptable guarantees voluntarily in order to save herself financially. FRANCE'S PLAN INDEPENDENT ACTION IF NECESSARY. „ LONDON, August 17. The “Daily Mail’s* ’ Paris correspondent says: The next step in the reparations discussions will be the meeting of the Reparations Oommisaon, which will consider the moratorium. It is stated that M. Poincare has a definite assurance that Belgium will vote against the moratorium, and that in the improbable event of Belgium voting against France, M. Dubois, the French representative, ha* been instructed to resign. A deadlock therefore appears most likely. When the Commission has its discussion, M. Poincare will France’s plans for independent action, which have been approved by Cabinet. They are understood to include the seizure of all German tn-roa and revenue in the occupied' territory held by French troops, and the sequestration of the Ruhr mines and certain State forests. Meanwhile advices from Steanbnig state that as a reprisal for the expulsions, the German enthoritaee at Karlsruhe hare refused visas for 6000 passports of Frenchmen wishing to visit Germany. The German banks are also refusing cheques sent from Alsaco. Reuter 1 *! Tefaeram. PARIS, August 16. Contrary to anticipation, the Cabinet, after its meeting, announced its decision not to convoke the Senate and the Chamber of Deputies m consequence of the breakdown of the London Conference. BELGIUM’S ATTITUDE ANXIOUS TO PRESERVE ENTENTE (Received August IS, 6.5 p-m.) BRUSSELS, August 17. A meeting of the Cabinet, after hearing M. Theonie and M. Jasper, approved of the Belgian attitude at the London Conference and congratulated the delegates on their efforts to preserve the Entente, agreeing that its maintenance is the very core of the Belgian policy. STABILITY OF GERMANY IMPORTANT TO BRITAIN. LONDON August 18. Mr J. R. Clynee, gdffeamg a conference of the General Workers’ Union, said the collapse of the latest international conference was lamentable and serious. Reparations could only he exacted in so> faraa Germany was prosperous and free from the threat of economic punishment and political disruption. England must no longer support a policy spelling the eoonosnio ruin of Germany. ivShore the Supreme Council faded, the League of Notions, with Germany as a member, shonld ha called on to try now settlement plans. If the League reached no agreement, America should be asked to arbitrate. France had suffered greatly from the devastation of property, hut Britain oould no longer await redress from the dislocation of trade and the harden of unemployment. The prosperity of France would he made more secure fay the other nations’ goodwill than by using end carrying out throat, of force. ITALY AND GERMANY SETTLING TTNANCTAI. DIFFICULTIES. (Received August 18, 9..20 p.m.) ROME, August 17, Signor Para tore, Finance Minister, proceeds in September on a special mission to Berlin to settle certain financial questions between the German and Italian Governments. It is believed that the mission is tho outcome of Ida recent attendance at the London Godference. GERMAN FLOATING DEBT BERLIN, August 16. Tho German floating debt inoreaaed by 4500 million marks between August Ist and 10th, and now amounts to 312,000 millions.