REPARATIONS.

Star (Christchurch), Issue 17027, 28 April 1923, Page 9

REPARATIONS.

FIXING A SUM. MAGNATES OPPOSE HERR CUNO. By Telegraph—Press Association—CopyngM Australian and N.Z. Cable Association. (Received April 28, 9.40 a.m.; LONDON, April 27. The Dusseldorf correspondent of the “ Daily Chronicle ” states that Herr Chino and the industrial magnates are experiencing great difficulty regarding the amount that the latter should guarantee in support of the new reparations offer. Some think that £3,000,000,060 is not too much in order to end the Ruhr conflict. They believe that Germany could eventually pay it. Others are strongly opposed to offering anything beyond £1,500.000,000. The Government now intends to offer the Allies a definite sum, but v. ants to know the extent to which it can rely upon the .magnates’ guarantees. Owing to the protracted negotiations on this point, an offer will not be made till next week. FRENCH DEMANDS. 4 By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Received Ajiril 28, 8.50 a.m.). PARIS, April 27. “ Le Matin,” in an editorial article defines France’s attitude in the event of Germany making any reparation proposals worthy of consideration, which is still doubtful. France would demand as the first condition the laying down of all arms, and the abandonment of every provision designed to encourage resistance to the Allies. Until Herr Cuno can give a clear and precise undertaking to that effect, France can only regard any attempt to open negotiations as a manoeuvre unworthy of serious attention.