REPARATIONS PROBLEM.

Poverty Bay Herald, Volume L, Issue 16498, 2 August 1924, Page 7

REPARATIONS PROBLEM.

COMMITTEE TO SIT IN LONDON. (Elec. Tel. Copyright—United Press Assn.,/ (Reuter’s Telegram./ LONDON, July 31. An official communique states that the Reparations Commission henceforth will officially sit in. London to deal with questions arising out of the Dawes report. Another communique, announcing an agreement by the first committee, declares that the effectiveness of the agreement depends on the successful conclusion of the work. A third committee is considering oilier parts of the French proposal. It adds that the prospects of the third committee reaching agreement appear hopefui. It should be noted that the third committee is not dealing with the evacuation of the Ruhr, which is outside the scope of the present conference and will be discussed jointly with the Germans. LONDON, u.Tlv 31. A dramatic stage of the Reparations Conference was reached last night, when the third committee dealing with deliveries in kind and cash transfers, decided at a late hour to sit all night if necessary in order to arrive at an agreement to enable tbe Conference to -summon the Germans to London for the week-end. By 2 o'clock this morning one sect non had reached an agreement on deliveries', whereby the organising committee will he composed of Allies and Germans equally with a neutral arbitrator in the case of a disagreement. The other section discussed transfers till 2.30 a.m.', when the sitting was adjourned, having reached a partial agreement, principal arbitration being conceded in limited cases. THE GERMAN RAILWAYS. (Tile Times.) ] (Received August. 2, 10 a.m.) LONDON, August 1. i Tlie Times’ Berlin correspondent says negotiations regarding the Bavarian railways have been broken off without result.