PEACE TASKS.

Taranaki Daily News, 31 January 1921, Page 5

PEACE TASKS.

THE INDEMNITY FIXED. PREMIERS REACH AGREEMENT. MONEY AND EXPORTS. Telegraph.—Press Assn.—Copyright. Received Jan. 29, 5.5 p.m. Paris, Jan. 29. Mr. Lloyd George and M. Briand have reached an agreement that Germany must pay forty-two annuities varying from £100,000,000 to £300.000,000; also twelve and a half per cent of all German exports.—Aus.-N.Z. Cable Assn. Received Jan. 30, 5.5 p.m. Paris, Jan. 29. The situation at the Allies’ Conference was critical dyring the afternoon, Mr. Lloyd George threatening to leave immediately for London. Lord IF Aber - non (British Ambassador to Germany) intervened and secured certain amendments to the French plans, which improved the situation. The new formula is a series of annuities, varying from £100,000,000 to £300,000,000* for forty-two years, the amount being regulated by German trade. Britain’s share will be twentytwo per cent. Germany will also pay 12y 2 per cent on all her exports, but these will be no fixed sum which Germany shall finally pay. The Supreme Council meets tomorrow to conclude the agreement, which will then be sent to Germany without discussion with the German delegates. Correspondents claim that the result is a triumph for Mr. Lloyd George, as the proposal generally corresponds to the Boulogne agreement.—Aus.-N.Z. Cable Assn. FIXING REPARATIONS. CONFERENCE IN LONDON. HUGE AMOUNT SUGGESTED. Received Jan. 30, 5.5 p.m. Paris, Jan. 29. The Conference later adopted the reparations report, as cabled, and decided to meet the German representatives at a conference in Loiidon on February 28. The reparations terms include fortytwo annuities dating from May, 1921. The first two will be of £100,000,000 eacn, and the next three of £150,000,000. Then there will be three of £200,000,000,’ three of £250,000,000, and thirtv-one of* £300,000,000. Britain’s total share will be £2,486,000,009. Aus.-N.Z. Cable Assn. PENALTIES FOR GERMANY. STEPS TO ENSURE FULFILMENT. Received Jan. 30. 11 p.m. Paris, Jan. 29. The Allies Conference fixed the penalties for Germany’s non-fulfilment of the disarmament conditions to be Allied occupation of the Ruhr and the extension of the period of the occupation of the Rhine, and refusal to allow Germany to join the League of Nations. The penalties for non-fulfilment of the disarmament conditions will also include the seizure of the Custom revenue A further conference will be held at Trieste shortlv, to which the small nations of Central Europe will be invited, for the purpose of reaching an agreement on Austrian affairs. DISARMAMENT EXTENSION. Paris, Jan. 28. Military experts furnished reports to the Supreme Council in which it is understood they recommend that Germany be given until July to disband and disarm civil troops and immediately surrender a large quantity of wjir material, under serious penalties. Some newspapers do not think the French and British views are as irreconcilable as they appear. Le Petit Journal says: “If our Allies give up the idea of exacting all they might obtain and adopt a scheme of diminishing France’s share it wjll be legitimate for France to obtain from the Allies precise assurance that they will immediately help France to restore her financial equilibrium, which has been disturbed by uncertainty regarding Germany’s payments. It is understood the conference is considering a scheme requiring Germany to pay the Boulogne annuities plus an annual tax of about 12 per cent, of German exports. The impression is that finality is likely to be reached —Aus -N.Z. Cable Assn