REPARATIONS.

Taranaki Daily News, 13 May 1921, Page 5

REPARATIONS.

FRANCE DISTRUSTFUL. LITTLE FAITH IN GERMANY. TROOPS READY TO ACT. By Telegraph.—Press Assn. —Copyright. Received May 12, 5A p.m. Paris, May 11. rhe news that Germany has accepted* the ultimatum was received coolly, and little faith is placed in Germany’s promise. There are no special possibilities aoout Herr W irth’s Cabinet, and general mistrust of Germany’s intention exists. Germany has given her signature so many times that French opinion is thoroughly sceptical. With characteristic promptitude M. Briand, Marshal Foeh, General Weygand and Cabinet Ministers held a conference with M. Millerand to consider steps to be taken to see Germany carries out disarmament, which the Allies notified on January 29. French troops are concentrated in the occupied districts ready to enter Ruhr and will remain there until Germany has paid the amounts mentioned in the ultimatum.—Aus. and N.Z. Cable Assn. PROBLEMS NOT SOLVED, r SPIRIT UNCHANGED. A STOP-GAP MDUSTax. Received May 12, 10.15 p.m London, May 12. The Daily Telegraph's Berlin correspondent states the foreign crisis can only be solved by the provision of a etable Government in Germany. The problem, therefore, is still unsolved and Herr Wirth’s Cabinet is merely a stopgap concern, hastily assembled at the very last moment in order to stave off a catastrophe. The immediate and sole function of the Ministry is to give effect to the Reichstag’s decision accepting the ultimatv. . but it must extend its foundations before it becomes competent for normal purposes. The inclusion of either the representatives ef the absurdly named People’s Party (who stand for every trick and subterfuge to frustrate the disarmament provisions) or the Independent Socialists (who fear above everything reactionaries camouflaged as other organisations) is simply pn attempt to keep the old spirit alive. Aus.-N.Z. Cable Assn. STEP TOWARDS STABILITY. EFFECT OF GERMANY’S ACTION. BETTER ECONOMIC CONDITIONS. Received May 12, 9.40 p.m. Washington, May 12. United States Government circles say <he German acceptance of the ultima- | turn clarifies the European situation, and the effect will be felt immediately. The most threatening feature in world relations is removed. It is expected negotiations for funding Allied debts will be undertaken immediately, and economic conditions will gradually improve now until normality is reached. —Aus.-N-Z. Cable Assn.

GERMANY’S LAST CHANCE. PENALTIES IF SHE DEFAULTS. Received May 12, 8.10 p.m. Paris, May 11. ae newspapers urge the Allies to maintain the penalty measures pending proofs of German sincerity. The Echo de Paris discloses that a resolution is entered in the books of the Supreme Council that if at any time in the future Germany defaults the occupation of the Ruhr district will be carried out.—Times Service. NEW GERMAN PREMIER. EXPLAINS GERMANY’S POSITION. Berlin, May 11. Herr Wirth has notified London, Paris and Rome that Germany agrees unconditionally to all the Allied demands. Herr Ebert solved the Cabinet crisis by threatening to resign. Herr Wirth, addressing the Reichstag, laid that Germany had uo alternative but to accept the ultimatum in view of the victors’ decision. Already Germany’s Economic interests had been greatly fettered. Germans must be prepared to make the greatest sacrifices to preserve the Fatherland from invasion. The terms imposed by the victors were fraught Hrith the most, serious consequences to the world’s economics as well as to |hose of Germany, but the responsibility rested on the conquerors. It was only by earnest endeavor to carry the burdens laid upon them that they could *iope to impress the Entente with Gernanv’s sincerity. They might rest aspired that the Allies would not permit ■Jie Poles to contravene the Versailles Treaty in respect of the Silesian settlement. London, May 11. In the House of Commons Mr. Lloyd Seorge announced Germany’s complete acceptance of all the Allies’ conditions.

SIP J. BRADBURY RESIGNS.

Paris, May 11. Sir John Bradbury (principal British *epr« - ntative on the Reparation ComInission) has resigned from the Commission. It is reported that he disapproved >f the recent decisions.