REPARATIONS.
GERMANY’S CAPACITY. WHAT SHE CAN PAY. THIS YEAR’S ESTIMATE. By Telegraph.—Press Assn.—Copyright. Received Jan. 10, 5.5 p.m, Cannes, Jan. 9. It is understood the experts place Germany’s paying capacity in 1922 at £134,000,000 sterling in gold and kind, which means the conversion to Germany of about £42,000,000.
The experts agreed that Germany must pay 720,000,000 gold marks, spread over the whole of 1922, instead of four months. France’s share is 139,000,000 marks and Belgium’s the remainder. The reparations in kind for 1922 were fixed at 1,350,000,000 marks.
The meeting of Finance Ministers was lively, especially on the British, proposal to transfer the Reparations Commission to Berlin and suppress the committee of guarantees. The French desired to send the latter to Berlin, retaining the Reparations Commission at Paris. The Belgians objected on thg ground of heavy expenses. The British suggested that the chairman in Berlin should belong to a nationality other than French, upon which M. Doumer made an unfortunate speech*, suggesting that a British chairman would show undue leniency to Germany. The British resented the imputation and the committee’s atmosphere remains electrical.—Aus.-N.Z. Cable Assn.
GERMANS TO ATTEND. Received Jan. 10. 5.5 p.m. Cannes, Jan. 9. The German delegates to attend the Allies* Conference are expected to arrive on Wednesday. ARRANGING GUARANTEES. Cannes, Jan. 9. At a meeting of Finance Ministers and experts it was decided that the Guarantees Committee should have its headquarters definitely in Berlin, and its powers considerably reinforced to enable it to carry out strictly guarantee measures which would be exacted from Germany.
•It is understood that probably the Wiesbaden agreement will be allowed to stand for three years. Each of the Allies will be allowed to make similar agreements. The cost of the army of occupation, excluding America, will be fixed at 220 million gold marks from May, in addition to a fixed sum in paper marks, the intention being that each country meet its occupation costs out of deliveries in kind.
It is understood that when the Geneva Conference is called all nations will be invited to give mutual guarantees with respect to the frontiers of their immediate neighbors. —Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 11 January 1922, Page 5
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358REPARATIONS. Taranaki Daily News, 11 January 1922, Page 5
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