REPARATIONS.

Taranaki Daily News, 15 July 1922, Page 5

REPARATIONS.

MORATORIUM REQUESTS, COMMISSION'S REPLY, PAYMENT DEMANDED. g-jTTuJ By Telegraph.—Press Assn.—Copyright. Received July 14, 53 pan, Paris, July 13. The reply of the Reparations Commission to Germany’s note asking for a moratorium follows the Petit Parisiene’s forecast. It adds that the commission is satisfied that reparation payments are only one and not the most important cause of the depreciation in the mark. Stability can only be reestablished if financial reforms are immediately enforced. Paris, .’uly 13. The Petit Parisien states that the Reparations Commission’s provisional reply to the moratorium request, while agreeing to consider Germany’s difficulties. will insist on the payment of the instalment on the 15th, but must await the Guarantee Committee’s report on uerma.’ finances before deciding on a moratorium. The Journal states that while Britain night accept an unconditional moratorium France will demand securities for guarantees. London. July 13. Mr. Lloyd George, in the House of Commons, said i. would be necessary for the Allied Governments to consult one another with regard to a German moratorium, but the British Government thought such respite should be given Germany as would enable her to restore her finances and make reasonable payments at the earliest moment.