REPARATIONS.

Taranaki Daily News, 19 November 1921, Page 5

REPARATIONS.

THE JANUARY PAYMENTS. NO CONCESSIONS. | By Telegraph.—Press Assn —Copyrigbt. ' Paris, Nov- 16. M. Loucheur, r*ddreasing the Senate Commissions on Finance and Foreign Affairs, expressed the opinion the* the Wiesbaden agreement offered the devastated areas an opportunity of prompt relief. He agreed that the'support of the Allies was necessary for success. France had been assured that British Tre« ritieisms did not represent official *bjections. The forthcoming British rtat-ment on the subject would cause ■’•L I-oueheur stipulated that it would fc.- r.-cessary to maintain a German (>.a> nment that would be capable of preventing anarchy and bankruptcy. Tho’jrh formerly he had believed Gerjnsr. industrialists were deliberately p inh.n-j the country’s bankruptcy, the si mp in the mark had exceeded expectation- and caused a reaction in the opin:’>n a of both the public and finanpiers. 3erKn correspondent of the Petit I*n u-n reports that the Reparations f. i. mi - ion leaves next week. It has £■■ ned the idea of granting Geryr n. a moratorium in regard to the p . inent nf 500 million gold marks due 0. ■•'.•■..uary 15. It has decided that o»’it .-. th<- event of punctual payir, • i the nstalments due in Janu- «! • hi i February can modifications in j • < payment be considered. 'nan -jib-fa] circles point out that th' . intrv hus only 280 millions of g um and i- faced with the problem >mring 296 millions’ worth of t • • n-i« prior to January 15. GERMANY’S PLEA. Berlin. Nov. 17. '*rT-mf»nT. declaring the con<l • -ent able. rejected a big m.- -.iv2c-ted by the indusf it > p -rt I rhat the Governn>-* .j ;-ers intimated it . v. --iiiie to fulfil the reparation »O* ; r, - r official labor gazette. basJr . n- on 1,250.000 workers if: . ; works. shows that unp>.. ii *s rapidly diminished since J m.'ts that employment has tn ■ ,-r iportionately to the decline jf mark.