The Archive · 1924

German Pledges

Paris, Aug. 26.

The Senate to-day approved the London Conference decisions 204 votes to 40.

Poinearé's contribution to the discussion in the Senate on the London reparations agreement was largely devoted to a defence of his previous police. He declared that Prance accepted the Dawes scheme Lecause it conduced to re-establishnent of the inter-Allied Entente and was more advantageous than she Bonar Law scheme.

The ex-Premier admitted that the Dawes scheme allowed for an increase of the German debt, left the Reparations Commission free to cstublish defaults, and commetalized the German debt, but he ubjeeted to the abandonment of pledges before the promises were carried out.

Poinearé spoke for two hours Lefore opening fire on M. Herriot'" work in London, He then bitterly nounced the military evacuation of the Ruhr, which, he declared, ought not to be effected until the Duwes bonds had been marketed.

Poincaré declared that another disadvantage of the evacuation was jw reaction on inter-Allied debte. explained that his idea had been ty exchange certain annuities and the Ruhr pledge for an abatement of the inter-Allied debts.

As regards the question of securty, the ex-Premier said that i France ud the Spithead fleet in the Ruhr she would be much easier but as things were impossible to admit evacuate of Cologne next January In conclusion, M. Poinearé assertced that rhe structure built it. London rested on si and in relying on German good faith,

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

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