GERMANY'S TREATY OBLIGATIONS

Dominion, Volume 14, Issue 29, 29 October 1920, Page 7

GERMANY'S TREATY OBLIGATIONS

BRITAIN'S RENUNCIATION OF REPRISALS SHARP CRITICISM BY PARIS PRESS By Telegraoh—Press Aeioclation— Oosyrieht London, October 27. It is understood that the report of Britain's renunciation of reprisals in Germany has been officially confirmed. Tho Paris newspapers generally unfavourably criticise Britain. They conj& plain that the decision was communicated to Germany before France was consulted'. The "Matin" soys it is a blow at the Versailles Treat}-, giving iilritain the privilege to determine for her other Allies respecting German eominercff. The paper points out that tho renunciation muot be sanctioned by all parties to the Treaty. The! "Echo de Paris" sa,vs that. British commercialism works solely for immediate profit, and neglects the higher (political profit of future years. Between this commercialism and the French policy signs of discord are becoming more vis. iblo every day.—Aus.-N.Z. Cable Assn. TTho following cable message was published on Tuesday morning:—The "Daily News" Berlin correspondent announced that the British Government has decided that, in the ©vent of the German Government's voluntary default injor' formance of tho peace obligations, Britain will not adopt against individual Germans any of the economic or financial measures of compulsion allowable under tho Peace Treaty. Gorman property in Britain, or in British colonies, will, not bo, confiscated. This decision should remove tho serious obstaclo to tho rcnpwal of trndo between Britain and Germany.]

FINANCIAL DIFFICULTIES

BANKERS SEEK SOLUTION. ( Berlin, October 26. Thirteen hundred delegates attended the German Bankers' Conference, the first to be held since 1912. Dr. Simons, Foreign' Minister, said the German bunkers at Versailles did their best to avert disaster. Germany's first consideration now was to fulfil her promises, but as she . could not do so she had summoned the bankers in order to reek a solution of the financial difficulties confronting Europe, and make other countries understand that) Germany is unable to fulfil the financial obligations she entered into at Versailles. —Aus-N.Z, Cubta Assn. HUGE DEFICIENCY SHOWN IN BUDGET; London, October 26. Tho "Daily Mail's-" Berlin correspondent states that the German Bridget shows a' deficiency of 925,000,000,000 marks.— Aus.-N.Z . Cable Assn. v