AT HAGUE

Hokitika Guardian, 9 August 1929, Page 5

AT HAGUE

PROSPECTS OF BREAKDOWN

(United Press Association—By Electric Telegraph—Copyright).

(Received this day at 10.30. a.m.) LONDON, August 8.

/ The . “Evening Standard’s” special Hague correspondent says excellent judges confidently predict the breakdown of Young’s Plan. Somebody has to go a long way to save the plan. It will not be Britain.

Dr Stfesefniann and M. Briand are trying privately to solve the Rhineland problem. They conferred in the latter’s room, and M. Briand suggested that the evacuation should begin three months after the Young Plan operates. This will assist the Government to show the French people something tangible before the evacuation. J

Dr Stresieimann objected to the linking of the evacuation with the modification of bonds and insisted Locarno and the League, had furnished ample security. M. Briand found Dr Stresemaun resolutely opposed to the proposed commission of conciliation.. The latest suggestion is that these differences be tackled by a separate iFran-co-German conference at Geneva. THE YOUNG REPORT. MR -SNOWDEN’S STAND. BRITISH POSITION OUTLINED. (Received this dav at 12.25. p.m.) HAGUE, August 8. A further unaompromising announcement was made by Mr Snowden at the first meeting of the Finance Commission and brought the Conference to an apparent impasse. He said Britain did not accept the argument that the experts report was indivisible. All the changes that the British delegation asked could be made without undermining sacrifices. He pointed out that Britain had settled with Italy a debt of five hundred and sixty millions sterling for the present value of seventy-eight millions. If the proposals of the Young Plan wore carried out Britain would have to sacrifice another thirty millions of this seventy-eight 'millions. She would therefore receive for a loan funded of 560 millions (only forty-eight millions. He went 'on to declare: “I have the unanimous support of my Government and all parties in the Commons and people of Britain. ; I speak quite frankly I cannot compromise. The British Government will never ratify the Young report in its present form.’’

A VIEWS. BREAK-UP INEVITABLE. =, (Received this dav at 1.30 p.m.) i LONDON, Aug. 8. The “Guardian’s” Hague correspondent states that a break-up of the Conference is inevitable unless there are changes in either the British or the French attitude by Saturday. 1 M. Heron states that it is impossible for the French delegation to accept Mr P. Snowden’s proposals.,