LONDON CONFERENCE

Hokitika Guardian, 19 March 1921, Page 3

LONDON CONFERENCE

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. ALLIED EXPERTS MEET. LONDON, March 17. The Allied financial experts met the Austrian delegation to-day. As a result Hon Chamberlain announced thnt Britain, France, Italy and Japan have decided for a period of years to he determined for the latter to relaese their liens under the St Germain treaty in respect of the cost of armies of occupation and reparations, provided other interested Governments agree to a similar postponement. HELP FOR AUSTRIA. LONDON, March 17. The financial committee of the League of Nations is examining the Austrian proposals for loans. It is now proposed that the League shall determine the gold value of the secuiitj which could be approved under the Tormeulon scheme, and which the Austrian Government is able to pledge, such as customs revenue, and tobacco monopoly. The League will then issue a Tori meulon bond against these assets. The Allies promise Austria more coal. FRANCO-BRITISH CONVENTION. LONDON, March 17. The Franco-British convention dealing with boundaries of Syria, cabled on December 22nd, has been tabled. It provides that all disputes be referred to the Council of the League of Nations, whose decision shall be final.