The Archive · 1930

Hope of Final Protocol

The Hague, Jan. 15, The settlement of the incident created by Dr. Schacht at the Hagie when he declared that the Reichsbank would not participate in the organization of the Reparations Settlement Bank, and the return of 'MIN. Tardieu and Loucheur here lear the way for further progress with regard to the much discussed question of reparations bonds. It is froped that this question will be isposed of in time for the signing of the final protocol on Saturday.—Trans Ocean Kuo Min.

The Countries Holding Out Jan. 17.

The representatives of Yugoslavia, Rumania and Czechoslovakia have refused to sign the Young Plan unless an agreement is reached with Hungary, There is still no indication that such an agreement is in sight.

Jan, 17, The broadsides of Mr. Philip Snowde.., the British Chancellor. of j, the Exchequer, against-the German ailly-dallying "had an immediate effect last week. He has now found another tanget in the Little Entente and Hungary, whom to-day he ae-cused of doing nothing but talk for 8 fortnight.

Mr, Snowden added that the only alternatives were to postpone the Conference till Doomsday or to lock up the delegates, without food or drink, till they came to an agree-

Afier this the delegates concerned were closeted together, folly deter-to settle the non parations The mobilization of Reparations Bonds has been settled, The International Bank will float before October $1 this year a loan Jot $300,000,000, of which sum the creditors will get two-thirds and Germany the remainder. Germany undertakes to consult the International Bank before raising loans abroad, in order not to impede the issue of further Reparations Bonds.

The Swedish Match Trust loan of 500,000,000 marks will not be placed on the international market for four yes Jan, 19, Things are not running smoothly the rations Conference. British Chancellor of the Exchequer, Mr. Philip Snowden, accused Hungary of doing nothing but talk for a fortnight and delivered broadsides against German dilly-dallying.

Following his declaration that the only alternatives were to postpone the Conference till Domesday or to Tock up the delegates, without food or drink, till they came to an agreement, the delegates concerned were closeted together fully determined to settle the question of non-German reparations.

The troubles of the Conference were added to by the representa tives of Jugoslavia, Rumania and Gzechoslovakia refusing to sign the Young Plan unless an agreement were reached with Hungary.

A further threat of a deadlock owing to a disagreement between the representatives of Italy and Czechoslovakia provoked the intervention of Mr. Snowden to-day. After this a compromise was reached: Czechoslovakia to pay Italy 10,000,000 gold marks instead of the contemplated 11,000,000 gold marks.

The Conference is sitting Into the hope of settling the Hungarian

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

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