CHANGED OUTLOOK

Hokitika Guardian, 9 July 1932, Page 5

CHANGED OUTLOOK

AT LAUSANNE;

GERMANS ABANDON DEMAND

(United Press Association—By Electric le.egrapn —Copyright.)

LONDON, July 8

A Lausanne message suites: Tae Geuna/is nave tneir po.i-.i-cal demands. Jins c..hie at tiie end or a wearying clay, when , life negotiations were ' ilutiuoniug . a cLauiock. But disappointment as the Geimahi’ po.itical iicpeS we.e, the “Daly lelegraph” understands that France, as a co.n.ponsation, agreed to tne leciqction of tne Lie, man payment to one hundred millions.

•‘Tins it says, completely -chang ; ed the ouffbek. The change came after much parleying and. many journeyings irom hotel to hotel. Sir Jr Simon and Mr N. Chamberlain took up the mediatory efforts between tne French and the Germans, which Mr MacDonald had carried out so tirelessly during the -past few clays. The last meeting ended at three o’clock on Friday morning. No official announcement has • yet been made.

International war debt agreements have been reached between Britain and France and Italy, respectively.

Tho latest 'pross reports from Lausanne' indicate a substantial approach was made to an agreement during Thursday -on outsanding points, and therefore hopes have been revived that an early ‘-settlement will prove possible.