REPARATIONS.

Taranaki Daily News, 1 September 1922, Page 5

REPARATIONS.

GERMANS AT PARIS. NEW PROPOSALS MADE. MORATORIUM QUESTION. By Telegraph.—Press Assn.—Copyright. Received Aug. 31, 5.5 p.m. Paris, August 30. The German delegates, who have come to discuss the reparations problem, have arrived. They appeared before the Reparations Commission. Herr Schroeder informed the commission that a long suspension of money payments was necessary, owing to the mark having fallen to a four-hundredth part of its value. Herr Schroeder proceeded to develop the proposals submitted by Herr Wirth to Sir John Bradbury and M. Mauclere for the deposit of fifty million marks as a guarantee of deliveries in kind and the creation of contracts with big German coal and timber contractors. The commission is now considering the question of a moratorium. A decision is not expected before Thursday evening.— Aus.-N.Z. Cable Assn. Berlin, August 30. A conference between the Government and prominent industrialists and trade union leaders agreed to supply . the Government with coal and timber for reparations. The Labor leaders agreed to augment production by exi tensive overtime. This agreement follows upon the Government offer to Sir John Bradbury to supply guarantees in kind. ATTITUDE OF AMERICA. MAY BE INTERESTED LATER. Received Aug. 31, 5.5 p.m. London, Aug. 30. Governor Cox, interviewed with reference to President Harding’s announcement refusing to send Mr. H. C. Hoover (Secretary of Commerce) to the Reparations Commission, said there is some assurance in President Harding’s hope that America may later interest herself in the European situation. Governor Cox added: “Let us hope our services will be those of a physician and not an undertaker.”