GERMAN ITEMS

Hokitika Guardian, 13 September 1923, Page 3

GERMAN ITEMS

AUSTRALIAN* AND N.Z. CABLE ASSOCIATION*. THE GERMAN OFFER. LONDON, Sept. 12. The Central Nows Agency at Berlin says: "Chaneelior Stresemann will announce, on Wednesday, that 80 per cent of the shares in German industrial undertakings will be issued for reparations.”

The Exchange’s Paris correspondent says: “There are grounds for stating that a high official in the French Embassy ill Berlin arrived at Paris on M,outlay for the purpose of acquainting the French Government of the gist of a definite offer which Chancellor Stresemann has resolved to make immediately, following upon pourparliers with the French Ambassador at Berlin. LOAN TO SOLVE RFUR DIFFICULTY. NEW YORK, Sept. 11. The "New York Timcs’s” financial editor states that he learns from local banking circles in 'Franco and Germany that to settle the Ruhr difficulty, a group of international bankers, ineluding the principal establishments of the United States, England, and Europe, will negotiate a £200,000.008 loan for Germany, to be supervised by the League of Nations, and to be guaranteed by the member nations of the League.

Tt is understood that probably .£(>0,000,000 of Ibis Joan would be floated in England ; and ,£50,000,000 in tbe United States, and that under the provisions of tbe loan, flic respective lending countries would supply the raw materials, manufactures, etc., needed bv Germany to re-establish her own industry, and thus aid in the reestablishment of normal conditions in world trade. FRANCE AND GERMANY. BERLIN, Sep IL Informal discussions are proceeding between Berlin and Paris to ascertain tho prospects of definite negotiations for a visit of the French Ambassador to tbe Chancellor and the Minister of Foreign Affairs.

SIX RIOTERS KILLED. [II KUT lilts TMLKG It A MS. ] (Kei'civotl tUjs clay at 8 a.in.) BERLIN. Sep. 11. Six rioters were killed anil ten wounded in a collision between lbe police and tbe unemployed outside tbe Dresden Town Hall.