The Archive · 1929

French Chamber

Paris, July 20.

The Chamber of Deputies ratified totay, the Debt agreement with Great Britain was adopted practically unanimously and that with the United States by 300 votes to 292.

The Chamber adopted, by 282 votes to 274, the first three clauses of a motion by M. Heraud declaring that the burdens imposed on France the London and. Washington agreements must be covered by the sums Germany has to pay France.

The Finance Minister M. Cheron, left it to the Chamber to select a motion embodying the reservations it preferred, provided it voted for the ratification of the Debt agree-yue supported M. Heraud's motion which was subsequently adopted, as a whole, by a show of hand:

The resolution which authorized the ratification of the agreement for funding the repayment of the French debts to the United States in sixty-two annual instalments was ut to the vote and carried by 200 votes to 202.—Reuter.

The Agent General's: Report Berlin, July '20.

The interim report of the Agent-eral of reparations for the first nine months of the fifth annuity year ending May 31 has a most optimistic tone with regard to Germany's present position and future economic financial development.

Germany, however, is warned once again to keep down expenditure and to pay from existing revenue.

German exports continue to ris while imports generally are uni marked reduction in the Britain's share in the reparations payments and transfer during the period under review amounted to scut, £20,000,000, France's share ££54,000,000, Italy's to $7,000,000 and the share of the United States to 23,500,000, out of the total of ££100,000,000 which became available—Reuter.

The Reparations Conference London, July 20.

Conversations are proceeding between the interested Governments as regards the forthcoming Reparations Conference, There now seems hope of an carly agreement, While secrecy is maintained as to the probable venue of the conference, it is generally admitted that it will take place on the Continent, somewhere very conveniently situated as regards prox-unity to London, July 24.

The meeting place of the Repar tions Conference to be held on Atigust 6 has not yet been decided. Since London was originally proposed as the venue, Lucerne, Brus-els and Ostend have been suggested, but each has been rejected by one or other of the interested Governments.—Reuter.

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

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