ACCEPTABLE TO FRANCE

New Zealand Times, Volume XLIX, Issue 11306, 4 September 1922, Page 5

ACCEPTABLE TO FRANCE

REPARATIONS DECISION GERMANY ANTICIPATES DIFFICULTIES WITH BELGIUM. QUESTION OF DEMANDS. By Telegraph—Press Assn. —Copyright. Australian and N.Z. Cable AssociationPARIS, September 1. Cabinet has accepted the Reparations Commission’s decision. “Le Journal” considers that Germany hag received facilities almost equivalent- to a moratorium, whilst the “Echo de Paris” says the Commission’s decision practically means that an isolated State could negotiate with Germany bn -a question intimately concerning her. The Berlin newspapers welcome tho breathing space, but anticipate difficulties in meeting the Belgian demands. All declare that the Reichbank could never allow its gold to be deposited in any foreign bank. LIBERTY OF ACTION RESERVATION BY FRENCH CABINET. (Received September 3, 5.5 p.m.) PARIS, September 1. iCsbinet on hearing that it was the Belgiane who proposed the modifications, which the Separations Commission eventually accepted, resolved! that France mast reserve to herself liberty of action until the stipulated guarantees contained in the arrangement are forthcoming. RIGHTS NOT INFRINGED NON-GRANTING OF MORATORIUM ESSENTIAL. (Reoeived September 3, 6.5 p.m.) PARIS, September 1. “Le Temps” says France’s interests are safe. It was essential’' for her that a moratorium should not be granted. If those conditions had not been fulfilled France would' have seen even further delay in receiving a portion of the German payments m cash. Since Belgium has accepted bonds, France’s rights are not infringed.