BRITAIN OBJECTS

Hokitika Guardian, 9 May 1929, Page 5

BRITAIN OBJECTS

TO COMPROMISE. ON AVAR INDEMNITY. United Press Association—By Electric Telegraph—Copyright). * LONDON, Aray 8. Nows from Paris states that with dramatic suddenness, the reparations experts have been faced with the possibility of their work terminating with treat Britain alone standing out. Air Owen Young circulated his table of proposed German payments to each country, involving a revision of tlie '■pa percentages, and in which Britain was made a scapegoat, or, in other words, in order to giye more to other countries, Britain’s Spa share of thereparations total, amounting to 23 per cent, with the Dominions, is considerably’ reduced. Mr Young’s scheme would mean that Britain would be tlie .hief, if not the only loser from the proposed reduction of the German annuities ifrom the' present £125,000,000 to £102,500,000. British delegate Stamp has already plainly inlormcd Ur Young that the British delegation does not accept Ins distribution plan. Mr Young’s exact figures have been kept secret,' and will not even he included in the report agreed to by delegates Stamp and Schaclit when it is presented to the full delegations today or to-morrow. YOUNG’S PLAN KILLED. LONDON, May 8. The “ Daily Mail’s ” Paris correspondent states: Mr Owen Young’s reparation plan has been abandoned.