THE WAR INDEMNITY
EXPERTS’ NEW PLAN. (United Press Association—By Electric Telegraph—Copyright). PARIS, February 23. There is a reason to believe that the experts at the Reparation’s Conference here to have reached a compromise of the delicate questions of the i rangier Clause or the Dawes’s plan, which Germany desires to have abolished. A special Transfer Committee at present decided in marks can be spent abroad without prejudice to Germany’s financial and fiscal situation. The compromise proposes that part only of the iqtal reparations annuity should be subject to tile Transfer Clause, which shall be applied thereto only in the event of a request from Germany, who must satisfy the Transfer Committee that she is unable temporarily to make the required payments in marks of foreign currency. The remaining portion of cue annuity, being exempt from the restrictions of the Transfer Clause, may thus be employed in order to guarantee omuls which will eventually he sold on the world’s markets.
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Hokitika Guardian, 26 February 1929, Page 7
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159THE WAR INDEMNITY Hokitika Guardian, 26 February 1929, Page 7
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