The Archive · 1929

MR. SNOWDEN ON BRITAIN'S PRESTIGE

Vime She Resumed Position in the World She is Entitled to Gccupy: Experts Again Disagree: Very Gloomy Outlook at Conference In the course of a The Hague, Aug. 17. matic statement to ritish and American journalists to-day, the British Chancellor of the Exchequer, Mr. Philip Enowden, declare:

-—"At last we Britons can stand up and not be ashame of our country. The prestige of Britain is at stake: we are trying to assert the right of Great Britain to a place in interratior nal diplomacy azd international In recent years Britain's position has been so weak that it has ceased, to count.

The time will come when Britain faust resume the position in the world which she is entitled to The Hague, Aug, 16.

The Reparations Conference will carry on at least over the week-end. Mr. Philip Snowden, the British Chancellor of the Exchequer, lis given the delegates a little further time to, consider his demands.

The Financial Commission has adjourned ill M, Houtard, the Chairman, summons a fresh meeting.

"The members of the British delesation state that it has been made Shear to 'M. Jaspar, the - Belgian Premier, that' Mr. Philip. Snowden, the British Chancellor of the cheques, does not consider tora proposals ne. satisfactory. Tt inderatood that a. written reply nis sense will be sent to. M. daspar tomorrow.

'The Belgian Premier said that he was in optimist and hoped that_an 'Agreement. would be reached, He ded that while Great Britain Tundoubtedly had made great. ster fices, 40. Kad the other nations, particslaly' Belgium, He' stated that he didn't, believe Britain would sacrifice the peace of the 'World for money, and' expressed the pinion that the' proposals made to Mr. Snowden were a. fair" basis of the share due to, her during the earlier years, According to a prominent British delegate at the Reparations Confer-fence, the latest proposals made by the creditor Powers are "ridiealously inadequate," amounting at the utmost to 20 per cent. of the claims made by Great Britain, and not to 60 to 80 per cent. of those claim Furthermore, said the British delegate, the four creditor Powers in question, France, Ttaly, Belgium and Japan, have not! made any concessions or sacrifices, Concessions at the expense of the Rome smaller Powers' had been offered to Britain, but Britain was not pro-pared to buy such concessions.

'The answer to the reproach that Britain is sacrificing the peace' of the world for a paltry $2,000,000 2 year was that it was not a' ques-ion of money alone. If she made concessions. they would simply be manipulated to extort more from hor, Those who were accusing Britain of raising obstacles for the acifieation of Europe were not pro-Pared themselves to do anything birds pacification unless Britain, bought their support, Conversing with De, Stresemans, the German, Foreign Minister, to: day, Mr. Arthur Henderson, the British Minister for Foreign aftales stated that there was no. question

bear pant of of occupation Bilan expecting Germany of the Rhineland after September. Be once more emphasized the fact thatthe British, Government Proposals Still o Come He said there was no truth in the statement that Mr. Snowden was tungpproachable and refused - to Uisten to reasonable proposals. Mr. Snowden, he said, is of the opinion that it would be criminal to end the negotiations us long as there result, fs a chance of reaching a fruitful The Belgian Premier, M, Jaspar, prepared to evacuate the Rhineland p, informed Mr. Snowden that the very soon unconditionally, Proposals he has made are not the Snowden Uncompromising Powers' last word.

4 Aug. 17.

In his written reply to the Belsian Premier, the British Chancellor Mr. Philip. Snowden's written Of the Exchequer declares that reply, which has been handed to 'M, Jaspar, the Belgian Premier, Britain. is not prepared to accept rejects the four proposals of ths concessions at the expense of the! four Powers as unacceptable, and smaller States. He plainly hints says that Mr. Snowden expects more that France and Italy" are getting more' than the lion's share and that satisfactory proposals. the proposals made by the four the reply Mr.

Powers are vague and uncertain. Mr. Snowden insists ea Young Plan, Great Britain receives their reconsideration -in onder to} 46,000,000 marks less, on the aver-find an equitable settlement. age, during the first $7 years of the working of that Plan than her New Committee Proposed share under the existing agree-There has been a fresh develop-monte, ment. Mr. Snowden has agreed to Mr. Snowden says that he finds to the suggestion of the appoint. St impossible to reconcile the pro: ment, without delay, of a commit posal that Prance shall receive 600,- of British, French, Italian, Belgia (000,000 marks out of the 80,000,000 and Japanese Treasury experts to marks available, and that these estimate the value of the allocations should be mobilizable, with the proto Britain proposed by the four! mise M. Raymond Poinearé gave creditor Powers.

Winston Churchill in October, Other Powers' Contentions 1928, that France would not sei mobilization nor any Later.

advantage The memorandum in which the The British Chancellor of the: appointment of a committee of Bxchequer denies that Britain ce-'Treasury experts was suggested was} ceives move during the first. ten handed to the British Chancellor years of the working of the Young of the Exchequer on Friday by the Plan than she at present recel Belgian Premier, Mf, Jaspar, on for, on the basis of the payments behalf of the other four creditor fixed under the Dawes Plan, Britain Powers, France, Italy, Belgium and Japan. receives the surplus annually—except in the first, fifth, seventh and It says that the Young Plan must tenth years—over 3,000,000 marks, treated as a whole and that the and this surplus now goes to Ttal reopening of that Plan would canto With regard to the unconditional serious difficulties and very grave] annuities, Mr. Snowden says. that Britain is obviously entitled to's Jarger shale of the balance than offered and Britain's complaint. is that this balance is inadequate to) meet the combined claims of Britain und the smaller States, In fuet, he concludes, the amount Of the offer is Jess than half the share to which Britain is entitled on average-and Jess tha a-quarter consequences.

It declares that Britain receives advantages under that Plan whites compensate for the fact that during} the first 37 years of its operation she will receive, on the average, nearly 45,000,000 marks less than under the existing agreements.

It points out that Britain, in 19% 20, will receive, besides her ann ties under the Young Plan, about 100,000,000 marks to complete the:

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

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