REPARATIONS.

Taranaki Daily News, 27 April 1921, Page 5

REPARATIONS.

APPEAL TO AMERICA. BERLIN’S COMMERCIAL BAIT. PROMISE OF TRADE. By Telegraph.—Press Assn.—Copyright. Received April 26, 10.15 p.m. Washington, April 25. Four German-Americans, who reported from Berlin having influenced the German Government to make an appeal to President Harding to meditate regarding reparations, have been attempting to influence the United States Senate on behalf of Germany. Senator New has received various cables and letters from Berlin stating that contracts for large quantities of American products, especially cotton, await the outcome of the Allied ultimatum on May 1, and asking the Senate to help Germany, the situation being critical.—Aus.-N.Z. Cable Assn. GERMANY’S GOLD. ‘ DEMAND FOR AN INSTALMENT. Received April 26, 5.5 p.m. Paris, April 25. . The Reparations Commission has sent a Note to the German Government stating that in view of its refusal to transfer the Reichsbank gold to the occupied area the commission is compelled to use the powers conferred by the treaty and demand the delivery, by the 30th inst. at the latest, of a thousand million gold marks, to be deposited in the Bank of France.—Aus.-N.Z. Cable Assn. FRANCE IN EARNEST. v Paris, April 25. The Figaro, commenting on the Hythe Conference, says it is quite comi prehensible that Mr. Lloyd George should consider Liberal and Labor opposition to further sanctions, but the agitation is likely to be relegated to the background. France does not propose to await the approval of these parties before taking measures to ensure her own safety, AWAITING FRENCH PROPOSALS. London. April 25. In the House of Commons, Mr. Lloyd George stated that, as the result of his conversations with M._ Briand, the French Government had undertaken to supply further detailed information in the course of a few days respecting the French proposals. The whole subject would then be considered by the Cabinet and submitted to the House. He understood that Germany had prepared fresh proposals, which had pot yet been received. If these .were unsatisfactory the Government would support France at the Supreme Council regarding the occupation of the Ruhr district. THE GERMAN COMPROMISE., Paris, April 25. The Berlin correspondent of the Petit Parisien states that the proposals to President Harding are a compromise between the French demands and the Ger man proposals made in London, which were adopted in the hope that America would advance suggestions relating to finance. , M. BRIAND GRATIFIED. London, April 25. M. Briand, French Premier, has returned co France. He expressed himself gratified at the results of his mission. OUTLETS FOR GERMAN CAPITAL. New York, April 25. The Buenos Aires correspondent of the Chicago Tribune states that German capitalists are bringing their funds to the Argentine in order to escape the taxation resulting from German reparations and other post-war -indebtedness. They are trying to establish a textile industry. Although they are now mainly depositing large funds in the local banks at ordinary rates of interest they are awaiting the reawakening of Argentine industry. At present there is an industrial stringency in the Argentine. The Consul-General at Berlin has reported that Germans are dismantling textile machinery in Saxony for removal to the Argentine to such an extent that the authorities are contemplating an embargo.—Aus.-N.Z. Cable Assn.