GERMANY’S DEAL

Star (Christchurch), Issue 16713, 20 April 1922, Page 8

GERMANY’S DEAL

LOST MUCH AND GAINED NOTHINC." SERIOUS EFFECT OF TREATY. ftv Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Received April 20. 12.45 p.m.) LONDON, April ID. Colonel Repington. the> special correspondent of the “ Daily Telegraph,” says that the Germans last much and gained nothing bv their deal. “ They figure as paltry cheats, while their iiivolved excuses are specious, discordant, and unconvincing. Dr Wirth (German Chancellor) has not appeared throughout this scurvy trick. It is impossible to believe that such nn estimatble and straightforward character would not see that the coup meant the sacrificing •of a whole year’s success by moments cf weak aberration. These things must !>e paid for. The best chance of paving France and saving Germany—namely by the issue of an internationa 1 loan may now fail through want of subscribers. Even Amsterdam will not lend money to Germany with which to arm her Bolshevik Allies.” GERMANY’S REPLY, 14 ENTITLED TO SIGN.” By Telegraph—Press Association—Copyright. Australian and N.Z. Oa-ble Association. (Received April 20. 1 p.m.) DONDON, April 19. Germany is preparing her reply to the Rowers* Note. Tt is understood that it is conciliatory in tone, and that it suggests that, owing to the exclusion of Germany from earlier conversations, she was entitled to sign the Treaty. Nevertheless she is willing to continue to participate in the financial commissions. WHY DR RATHENAU SIGNED. One German delegate in an interview alleged that Dr R-athenau’s principal reason for concluding the agreement was his exclusion from the discussions at Mr Lloyd George’s residence, of which he merely received a daily summary. In this action he considers that the other powers were disloyal to Germany, especiallv as protests by M. Motta (Switzerland) were brushed aside. GENOA, April ID. German circles state that the German reply to the Allied Note will declare that the German delegation is ready to submit the Russo-German Treaty to the Conference, but pix>tests against their exclusion from the discussions on the Russian position. They point out that is a matter for the decision of the whole Conference, not the Allies only. NEUTRALS RALLY TO GERMANY. By Telegraph—F-ess Association —Copyright. TJnitad Service. (Received April 20, 1.15 p.m.) LONDON, April 19. The Genoa correspondent ot the '‘Daily Mail ” says: A notable development in the crisis is the rally of the neutrals to Germany. M. Motta (Switzerland) and M. Branting (Sweden) on behalf of themselves and Denmark, Holland, Norway and Spain formally requested the president of the conference to summon speedily a meeting of the full commission appointed to conduct the discussions with Russia before Mr Lloyd George suspended it and transferred its functions to a limited body at his villa. These neutrals state that they wish to prevent the conference collapsing, but their real motive is indignation that the decree expelling Germany from the Russian discussions wa6 issued without consulting the neutrals, who had been told that they were ou an equal footing with the Allied Powers. The break up of the conference is still considered quite likely.

GERMAN ALLEGATIONS. MR LLOYD CEORCE’S REPLY. By Telegraph—Press Association —Copyright. Australian and N.Z. Cable Association. (Received April 20, 1.20 p.m.) PARIS, April 19. .In consequence of the German assertions that they previously discussed the Rus6o-German treaty with British officials, Mr Lloyd George has issued a statement to the French Press emphasising British loyalty to the French stipulations concerning the scope of the conference, and declaring that Britain and France wil continue to co-operate. He aserts that Britain is opposed to all ascendencies in Europe and believes fbat the attainment of peace should be the great common interest. CURRENCY AND EXCHANGE, WORK COMPLETED. 6y Telegraph—Press Association —Copyright Australian amd N.Z. Cable Association. (Received April 20, 12.45 p.m.) LONDON, April 19. The Genoa correspondent of the Australian Press Association says that the commission's work on currency and exchange is practically completed. The r-onclusions generally differ very little from those of the Brussels Conference two years ago. The commission will probably recommend the convening of a conference of representatives of each country's central bank of issue in order t> carry out the commission’s scheme. America would be invited to join through the Federal Bank. Sir R-obert Horne (Britain) stated that the abstention of America could wreck the scheme, but he thought America could not isolate herself from such a, conference of the world’s financiers. REPARATIONS QUESTIONS. MR J. P. MORGAN ON COMMITTEE. By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Received April 20, 8.45 a.m.) GENOA, April 19. M. Delacroix, president of the Reparations Commission’s committee which is studying the question, of an international loan to enable Germany to pay the reparations, has announced that Mr Pierpont Morgan, head of the firm of J. P. Morgan and Co., New York, jvill accept membership on the commit-

tee, which will sit in Paris when Air Alorgan arrives. LABOUR CONFERENCE. (Received April 20, 1.20 p.m.) GENOA, April 19. The Labour Conference convened by the International Federation of Trades Unions at Genoa has conducted. It adopted a resolution declaring that tho claims of Labour ■were an indispensable condition in the reconstruction of the world, favouring international action on a basis of equality to be necessary in the demanding of disarmament, the cancellation of war debts and the establishment of an international organisation to control raw materials.