REPARATION PAYMENTS.

Poverty Bay Herald, Volume XLVIII, Issue 15956, 18 October 1922, Page 5

REPARATION PAYMENTS.

STRIKING CHANG!': IN FRENCH

POLICY. (Elec Tel. Copyright—United Press Assn.i (Australian and N.Z. Cable Association.) PARIS, October 16. Germany has handed over to the Reparations Commission, bills equivalent in value to £2.5C0.000, the balance of the payment due on April 15. (Received October 18, 8.45 a.m.) lUnlted Service.) LONDON, October 17. The Daily Mail's Paris correspondent states that a striking change in the French official reparation policy may lie expected shortly. The Government decided that considerable delay must be granted Germany before payment in raw materials "as well as cash can begin. The correspondent has been informed privately that, the Government will not oppose a moratorium being extended till 1924 or even longer. Financial circles believe that a loan of short-term bonds could be floated to get the reparation costs, provided Germany counter signed l ,! promising payment in fivo years. FRENCH COUNTER-PROPOSALS, j

[Australian and N.Z. Cable Association.! (Received October 18. 12.30 p.m.) PARTS, Oct. 17. Tho Clemenceau organ. Echo National, says that contrary to his original intention, M. Barthou will not submit to the Reparation Commission counter-proposals to Bradbury's. The- French Government has decided to reserve them for the Brussels conference.