GERMAN ITEMS

Hokitika Guardian, 30 April 1924, Page 3

GERMAN ITEMS

LATEST CABLE NEWS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION THE BITER BIT. AUSTRO-GERMAN LOSSES. Received this dav at S GO a.m.) BERLIN, April 29. A money crisis has been caused by manipulators who sought to injure France by bear sales of francs, and they are now hoisted on their own petard, and faced with enormous losses. Settling day is Ist. May. An AustroGerman group lost seventeen millions, and a number of hanks have closed their doors*

A BIG ACCOUNT. (Received this day at 10.45 a.in.) LONDON, April 29. The “Daily Express’’ Geneva correspondent reports eighty thousand Belifians are bringing an action against Germany, owing to illegal deportations during the war, and are claiming indemnities totalling several millions sterling. The cases wil heard by a mixed German and Belgian tribunal. All parties have agreed to accept the verdict. Professor Moriand of Geneva presides.

HIXDKNBURG ILL. LONDON, April 29. The “Central News” Paris correspondent states General Hindenhurg is seriously ill. OFFIC’f Ar. VIEWS. LONDON, April 29. Official opinion in Downing Street is most optimistic concerning the spirit of the Allies reparations replies and considers M. Poincare’s letter unlikely to create discord. It believes the way will presently, he clear for a settlement. GERMAN VIEWS. (Received this dav at 10.25 a.m.) BERLIN, April 29. Government have completed drafts of laws necessary to ensure the carrying out of the experts plans. These are being submitted to Paris in time for the Commissions meeting.

GERMAN TERMS. (Received this dav at 10.10 a.m.) LONDON, April 29.

A Berlin correspondent says Germany has laid her cards on the table and will only carry out the experts’ proposals if certain preliminary conditions, which she lays down, are complied with. These were definitely indicated by Chancellor Mar/, in his speech at Dusseldorf in which he declared:—“lt goes without saying that the experts’ report cannot he accepted on the spot, but will he subject to long negotiations. The war, which has raged under the veil of peace must be finally ended. In the future there must he no more expulsions and the prisons must deliver up their political captives. The economic, fiscal ministrative freedom- of the occupied ■ writcries must he restored. I here are no requests to he granted, after we have completed the payments contemplated in the report. They are the preliminary conditions which must he granted before there can he any execution of the experts’ proposals. This declaration is most important, for it is a clear indication (it the manner in which the German Government intends to proceed.