STILL NO PACT

Hokitika Guardian, 8 July 1932, Page 5

STILL NO PACT

AT LAUSANNE i POINTS AWAITING SETTLEMENT / (United Press Association—By Electric ■Je.egraph—Copyright.) LAUSANNE, July 7. I The delegates of the six Lowers leassonibieu' at 9.3 Uat night ana 'adjourned at 10.46 'without, reaching an agreement. Neither French' nor: Gcr- , i.'.n m j i liian would makef the slightest toheeuciibn/ ‘ .

'• lid. Eei-riot and Chancellor Von "Fa-pen meet on Thursday morning. It ii?’ expected that this interview will ; De decisive. .

Earlier. reports showed that the Standing Orders Committee at Laui.anne Conference met for the purpose of completing the co-ordinaticn of the British and French drafts of the accord reached by the creditor nations! It was stated that a full agreement was practically reached and the committee reported to the meeting. - Those present included Mr MacDonald, Mr Neville Chamberlain, M. Herriot, Captain Von Papen, ; Signor Moscom (Italy), B. Kenkin (Belgium) and Viscount Yoshida (Japan). The draft provided'' that if an' agreement were reached, it would only vbe final when ratified by the Parliaments concerned and istich ratification will not be made until the-United States attitude on war debts is made known,

Two outstanding pOint-3 still awaited settlement. The first had reference to the amount of the final restoration payments by 1 Germany, and the second to a German request that the settlement include a clause referring,to the section of the Versailles Treaty which' places responsibility for the. war upon Germany. Mr MacDonald was determined to reach a settlement, however long 1 the negotiations may last. Despite the unpromising nature of the adjournment of the negotiations on Wednesday night, the latest Lausanne reports forecast that an agreement is probable in a few hours on Tursday. - Probably the basis pf van agreement would be a German payment of 150 millions ,and a declaration that tho cancellation of the reparations abrogates Part Eight of the Versailles Treaty, without specially mentioning the national war guilt article.

DECISIVE HOUR AT HAND

LONDON, July 7

, “The Times 11 in an editorial on the Lausanne Conference, say-s:- ’’All of the facts are known, and the time has come for a decision, which will only be obtainable by mutual concession. M. Herriot, and Captain Von Papen have shown a sweet reasonable ness, and have brought a settlement within reach, Any reasonable terms, should be counted to the negotiators’ credit by their own public and Parliamentary opinion,” . ■ ■ *