REPARATIONS.
A MORATORIUM WANTED. TO OPERATE AT ONCE. LOAN PLAN REVIVED, By Telegraph.—Press Assn.—Copyright. Received July 13, 5.5 p.m. Paris, July 12. A German Note presented to the Reparations Commission asks for an immediate moratorium jgarding all remaining 1£22 payments, including that due on July 15. It further requests that the moratorium should be extended to include cash payments due in 1923 and 1924. Finally, the Note asks for an immediate decision regarding the moratorium and adds that Germany? hopes that negotiations regarding an external loan will be shortly reviewed.
THE JULY INSTALMENT. SUFFICIENT GOLD READY. Received July 13, 8 p.m. Paris, July 13. The German Note admits the possession of sufficient gold to make the payment due on July 15. It in declared that the Government has recently drawn on important resources in order to check tlie depreciation of the currency. The Note requests that the amount be allowed to remain at Germany’s disposal.—Aus.-N.Z. Cable Assn. THE MORATORIUM QUESTION. DIVERGENT VIEWS. Paris, July 12. A divergence of views has arisen among members of the Reparations Commission regarding whether a moratorium should be granted to Germany. The proposed international loan is regarded as a means of improving the mark. The Petit Parisien states that probably the French will favor this suggestion if means are found for preparing a reduction in the French debt to America and Britain. The Petit Journal says that Sir John Bradbury’s moratorium proposal tends to the postponement of the execution of the Wiesbaden agreement, and deprives France of reparations until 1925 Belgian and Italian delegates supported the British suggestion with reservations, The French Government is conscious of Britain’s pressure, but the only question fcr us is what definite proposals have '2 to expect from Mr. Lloyd George in connection with safeguarding our interests. France will not accept a moratorium unless accompanied by j measures showing how we shall be paid.
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Taranaki Daily News, 14 July 1922, Page 5
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314REPARATIONS. Taranaki Daily News, 14 July 1922, Page 5
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