FRANCE.

Taranaki Daily News, 16 September 1919, Page 5

FRANCE.

RESTITUTION BY GERMANY.' FRANCE'S RESOURCES INCREASED. By Telegraph—Press Assn.—Copyright, Paris, Sept. 13. M. Loucheur, Minister for Reconstruction, speaking in the Chamber, said the treaty enabled France to become great and pacific. Gen-'uiy waa loyally cooperating in the restitution of stolen goods. The Germans had already restored securities worth 320 millions sterling. The French mines would be restarted in 1924, meanwhile Germany would supply 20 million tons annually. It was not in France's interest that Germany should be destroyed economically. The treaty doubled France's resources in iron or n and increased her coal output by 17 million tons. It gave her oil well 9, put her steel production on a level with that of Germany and England, and enabled her to increase her exports of cotton goods and raise her production of potash.—Aus. N.Z. Cable Assoc. CARDINAL MERCIER'S PREDICTION. ANOTHER CLASH WITH GERMANY ■ New York, Sept. 13. Cardinal Mcrcier, asked for his opinion as to the possibility of another war, replied: "You may be certain there will be another war against France. Germany retains the same mind and is preparing for revenge." He added that such a war would be directed against Belgium also, for Belglum would be in the way.—Aus. N.Z. Cable Assoc.

UNITED STATES. DECREASE IN FOOD PRICES. STATEMENT BY MR. HOOVER. By Telegraph.—Press Assn.—Copyright. New York, Sept. 14. Mr. Hoover has arrived from Europe on board the Aquitania. Interviewed, he predicted a world-wide decrease in food prices before long. He warned the people of the United States against allowing enormous Burplus food supplies to collect in the country. If the United States did not establish credits abroad the country would face difficulties as the result of its great production. Speaking of the conditions in Europe, Mr. Hoover said that production was far below what it was at the time the armistice was signed. Normal conditions would not return until the peace treaty was ratified by the United States.—Aus. N.Z. Cable Assoc. ■

GREAT INCREASE IN STEAM TONNAGE. New York, Sept. 13. The New York Times' Washington correspondent says that the United States Shipping Board lias announced that steamships flying American flags comprise more than 24 per cent, of the Bteara tonnage of the world. , Berlin, Sept. 13. German prisoners in American hands arc to be repatriated, commencing next week, at the rate of 3000 daily.