COLLECTING THE DEBT.

Star (Christchurch), Issue 16416, 3 May 1921, Page 7

COLLECTING THE DEBT.

FINAL TERMS AGREED TO. THIRTY-SEVEN YEARS TO PAY. "MODERATION PREVAILED” By Telegraph— Press Association —CcpyriffJW Australian au«l N.Z. Cable Association. Received May 3, 8.45 a.m.) LONDON, May 2. The Australian Press Association learns that the Allies have agreed regarding the final terms. It is understood Germany has been granted twelve days in which to accept. (Received May 3, 10.25 a.m.) LONDON, May 2. It is understood that Germany will be required to pay the Reparations Commissions’ Bill in thirty-seven years. M. Briaud had instructed the French War M inis ter to begin partial mobilisation, but late on Sunday night he countermanded the instruction. The forces of moderation prevailed with M. Briand. Members of his entourage admit that lie diverged at the eleventh hour from his previous inflexibility. OCCUPATION OF RUHR. FRENCH TROOPS READY. Australian and N.Z. Cable Association. (Received May 3, 9.10 a.m 7)7 PARIS, May 2. The £; Petit Parisien,” states that cavalry detachments leave to-day to be ready to advance into the Ruhr district. The Government is not taking over the railways, but an eastern company has been warned to prepare for the carriago of troops and material. NEW GERMAN NOTE TO U.S. Australian and N.Z. Cable Association. (Received Mav 3, 9.10 a.m.) NEW YORK, May 2. The Washington correspondent- of the New- York Evening Sun ” learns that Germany has sent a new Note to the United States, offering new reparations concessions. TERMS TO GERMANY. By Telegraph—Press Association—-Copyright. Australian and N.Z. Cable Association. (Received May 3, 12.45 p.m.) LONDON, May 2Germany is required to issue £66,000,000,090 five per cent bonds, and to pay annuities of £100,000,000, plus 25 per cent export tax, to cover the interest on the first issue. The remainder of the bonds will be issued according to her! ability to meet the interest payments.