The Archive · 1924

FRENCH GOVERNMENT

Economies Counter-balanced by Expenses in Connexion with Dawes Scheme Paris, Nov. 12, The waning importance of the Reparations Commission since adoption of the Dawes Scheme emphasized by publication of a rastle scheme of retrenchments during the next two months, reducing expenditure by 60 per cent, The plans involve evacuation of the palatial Hotel Astoria for comparatively modest offices; wholesale reduction of staff; and abolition of salaries for the principal delegates. who will henceforth receive retaining-fees, plus fees for attendance, and travelling expenses.

Nevertheless the total economies thus effected are expected to be counter-balanced by the expenditure involved in the multifarious new' Hosts created by the Dawes Plan—

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account