The Austrian section of the Reparations Commission has formulate ed a scheme, believed to have been initiated by the United States whereby all the new States arising out of the collapse of the Austro-Hungarian Empire and other adjacent countries, will hold a financial and economic conference, with a view to adjusting and improving the trade conditions between such countries. It is proposed that the Conference take place shortly at Bratislava (Czecho-Slovakia), or some other central point. The Reparations Commission in Paris has submitted the scheme to all the countries interested in the economic reconstruction of Central Europe, It is urged in favour of the scheme that such a Conference will not only encourage the free exchange of goods, but facilitate the granting of foreign credits and the removal of artificial economic barriers, a principle affirmed by the International Financial Conference at Brussels. The Conference would be limited to three delegates of the Governments of the respective States, representing the Ministries of Commerce, Communications, and Finance, and four representatives of industry, and the banks. Among the questions to be"discussed would be the systems prohibiting the export and import of certain classes of goods, of licences, tariffs, and excise duties, the improvement of financial relations, particularly by an adjustment in the money exchange system, and finally a reform in postal, telegraphic, and railway communication.
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