AUSTRIAN INDEMNITY
QUESTION OF PAYMENT. ALLIES AGREE TO POSTPONEMENT. Press Association—By Telegraph—Copyright. . LONDON, March 17. The Allied financial experts met the Austrian delegation to-day. and as a result Mr- Austen Chamberlain has announced that Great Britain, France, Italy, and Japan have decided, for a period of years to be determined later, to release their liens under the St. Germains Treaty in respect of the cost of the armies of occupation and reparations, provided other interested Governments agree to a similar postponement. The Financial Committee of the League of Nations is examining the Austrian proposals for loans. It is now proposed that the League shall determine the gold value of security which could be approved under the Tormeulon scheme, and which the Austrian Government 's able to pledge, such as Customs revenue and the tobacco monopoly. The League will then issue Tormeuloh bonds against these assets. The Allies promise Austria more coal. —A. and N-Z. Cable.
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Otago Daily Times, Issue 18198, 19 March 1921, Page 10
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155AUSTRIAN INDEMNITY Otago Daily Times, Issue 18198, 19 March 1921, Page 10
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