REPARATIONS

Otago Daily Times, Issue 19010, 5 November 1923, Page 7

REPARATIONS

RESTRICTIONS MAY RENDER, COM. MISSION USELESS. Praca Aa*aoiation—3y Teleemplt—Copyright • WASHINGTON, November 2. (Received Nov. 4, at 5.5 p.m.) According to the view President Coolidge made known to-day the restriction in the scope of the proposed expert committee of inquiry into German capacity to pay reparations may render it useless to proceed with the plan.—A. and N.Z. Cable. AMERICAN OPINION. DOUBTFUL OP' PARTICIPATION. —WASHINGTON, November 3. (Received Nov. 4, at 11.5 p.m.) Whether the United States will have a part in the new reparations inquiry is* much in doubt, as even the modifications to the Hughes plan which were brought forward by Prance made it appear to some of the officials that the final draft of the plan may render American participation futile. No final decision will be reached until the exact terms of the French proposals are known. Nothing is yet known officially. The United ‘States Ambassador had a conversation with M. Poincare in Pans to-day. It is understood that the view of the Government is that anything short of a full and impartial examination of Gemiany’s economic situation would tail to he of any useful purpose. —A. and N.Z. Cable. THE RUHR MINES. A MEASURE OF AGREEMENT. PARIS, November 2. Discussions with Herr Krupp have' so far resulted in an agreement regarding several of the Ruhr mines.—A. and N.Z. Cable. Imerican patience exhausted. ULTIMATUM TO M. POINCARE. NEW YORK, November 3. (Received Nov. 5, at 0.20 a.fn.) The New York World's Washington correspondent says it is understood that Ambassador Herrick delivered a virtual ultimatum to M. Poincare upon the State l>epartment’s instructions. Unless the . French Prime Minister recedes within 48 / hours from insistence upon his narrowly- L restricted reparations inquiry the United States will definitely refuse to consider further negotiations in this direction.—A. and N.Z. Cable.