THE ALLIED CONFERENCE.

Poverty Bay Herald, Volume L, Issue 16495, 30 July 1924, Page 7

THE ALLIED CONFERENCE.

AMERICAN’S, DRAMATIC MOVE.

THE DAWES REPORT

(Elec. Tel. Copyright—United Press Assn.) ■ Australian, and N.Z. Cable Association.) LONDON, July 28.

The Daily Telegraph’s diplomatic correspondent states that the situation of the first Commission of the inter-Allied Conference to-day was again threatened with a complete deadlock, when Mi'. Logan, the- American delegate, made an unexpected and dramatic move. Speaking very deliberately, he declared that the United States Government regarded the putting of the Dawes report into operation as a matter of the greatest concern. Indeed it was the only practical way out- of the European difficulties. He repudiated the suggestion that the American bankers were in any Lay animated by the desire to meddle in politics. Mr. Logan suggested that- it was useless for the Commission to try to fix the basis of security of the loan until Germany, as the borrower, the bankers as the lenders, and the Reparations Commissions arrived at an agreement. Then only need the Commission consider thearrangements. It is understood that the distinctive feature of the third Plenary Conference was the- promise from the French delegation that it would submit to the Conference on Wednesday a scheme by which the objections of the Anglo-American bankers would lie met. A compromise regarding the Frnnco-Belginn raihvaymon is also probable. The Conference decided to- invite all the membefl's of the Reparations Commission to come to London.

PARIS, July 29. Several newspapers angrily comment on the way Mr. Ramsay MacDonald brought forward the question of the evacuation of the Ruhr. The “Intransigeant” understands that M. Rolletfc, owing to the trend of things twice last week, offered his resignation, which M. Harriot did not accept. The Temps understands that England is determined 1.0 evacuate the Cologne zone in January.

NEW TQNE IN FRENCH PRESS,

READY TO EVACUATE RUHR

(Reuter’s Telegram.) (Received July 30, 11 n.m.)

LONDON, July 29

There is a new; tone in the French press to-day, in consequence of despatches from- French correspondents in London, stating that- -negotiations are about to begin as regards the evacuation of Ruhr, and suggesting the likelihood of a satisfactory result if France is adequately compensated from the economic viewpoint.

The Ere Nouvelle says by giving the world striking proof of her loyalty in evacuating Ruhr, France would he entitled: to ask the Allies to make a sacrifice regarding the war debts and guarantees of security

FRENCH PROPOSE ARBITRATION IN EVENT OF DEFAULT.

(Reuter’s Telegram.) (Received July 30, 1 p.m.) LONDON. July 29. A new French formula submitted lo the Conference to-day proposes recourse to arbitration when the Reparations Commission fails to agree on (he quest t-ion of German default, one of the three arbitrators to be an American.

,FRENCH PARLIAMENT MEETS

MESSAGE FROM M. HERRIOT

(Reuter’s Telegram.) \ (Received July 30, 1 p.m.) ' PARTS, July 29.

Parliament, has re-assembled. A telegram from M. Herriot- was read in the Chamber and Senate, defining tho point reached at the London Conference, and declaring' that despite constant effort several more days would be necessary to bring tho neogtiations to a conclusion, owing to numerous technical difficulties, adding that- the French Government, was firmly resolved to assure the rights of France and the re-establishment of interAllied entente and peace.