ALLIED CONFERENCE.

Hokitika Guardian, 28 July 1924, Page 2

ALLIED CONFERENCE.

[Reuters Tkeegiiams.]

C’ON FFR FNCF DIFFFRFNCFS.

LONDON. ’July 25.

Fundamental differences at the London Conference which were emphasised by French comments, are summed up in remarks by ‘‘l.e .Journal that the situation is stationary, and is likely to continue so owing to hankers operating from their province of finance. and claiming to interfere in political questions, ‘‘l.e Matin and ‘Fn Xiivello” declare M. Herriut cannot wait indefinitely at Loudon, till a formula is found, as French Parliameutarv and! public opinion is fiiieasy and bewildered. They state there arc excellent French experts capable <>i carrying on the discussions to a success!ul issue at the guidance ol the Alinister of Finance; 'The "petit Parisieu" declares Mr MacDonald last, night expressed the desire to invite Germany to send represent;! t ives. Til F BANKFRS’ INTFIiFST. NFW YORK, J uiy 2d. (ill the eve of his departure on a vacation trip to Fiirn|ie. Mr J. P. Morgan officially stated tliat the Ametican hankers did not desire to make political suggestions much less to attempt to enforce any political views in connection with the discussions for a German loan. He said lii.s trip was not concerned with the London Conteienro. He i ndicated that it a loan foi Germany is arranged, and i! his adiice as to the terms is sought, lie would he glad to make suggestions for the sale ot tin- bonds in tiiis country. He said: ‘■lt goes without saying that, as bankers. we should not ask the American investor to lmv German bonds, unless and until, the Allies in their own time fur their own reasons, have determined upon a policy, which will in our opinion. secure the bondholders. It this simple, obvious fact is remembered, I think it will be found that most of the questions now under discussion will answer themselves." LONDON. July 27. The Allied Conference has decided to invite tin* German delegates. The jurists nt the Allied Conference lmvo completed a report regarding the terms for an invitation of Germany to the Conference, which will consider the report oil Monday, when it will decide the question of inviting Germany.