THE ALLIED TERMS
REPARATIONS INQUIRY ELASTIC PROPOSALS ANNUITY OF £102,500,000 (Etec.Tel. Copyright-United Press Assn.) (Australian Press Assn.—United Service.) (Received May 23, 11 a.m.) PARIS, -May 22. The creditor powers have sent a memorandum to Hen- Schacht declaring that they are prepared to accept: (1) An average annuity of £102,500,000 for reparation debts during the first 27 years from April 1, 102!'. (2) Subsequently, 22 annuities allotted to war debts. (3) Compensation to Belgium for marks issued during the occupation. (4) Countries benefiting by the proposed international bank, particularly Germany, will contribute sums for working, besides capital. The proposals are move elastic than Mr. Owen Young's suggestion, and there will be a constant increase of £1,250,000 a year, allowing for certain variations in the annuities.
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 16958, 23 May 1929, Page 7
Word Count
124THE ALLIED TERMS Poverty Bay Herald, Volume LV, Issue 16958, 23 May 1929, Page 7
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