The Archive · 1929

: SNOWDEN'S SUCCESS AT THE HAGUE

Greditor Powers' Offer Advanced from 60 to 75 Per Cent. of "Britain's Requirements: Agreement Reached: The Unconditional Annuity Increased The Hague, Aug. 29. agreement has been reached between the three Rhineland Bowers and Germany.

Tt has been agreed that the evacuation of the Rhineland will begin on September with the Belgian and British evacuation, "The French evacuation of the second zone will be.completed within three months.

The evacuation of the third zone will be carried out as rapidly as possible after the ratification of the agreement by othe French and German Parliaments andthe coming into opera: tion of the Young Plan, It will be completed not later than June 30, 1930, The agreement depends upon the financial settlement with Germany.—Reuter.

The Hague, Aug. 23.

Mr, Philip Snowden has informed the Belgian Premier, M. Jaspar, that the Intest proposals made by Belgium, France, Italy and Japan fare quite unsatisfactory, as they contain nothing definite with regard to annuities or deliveries in kind.

The deadlock in connection with the Reparations Conference, therefore, continues.

The French, Belgian, Italian, Japanese and German delegates may meet to-night ina final effort to bring forward a plan which will be acceptable to the British Chancellor of the Exchequer.

The four other creditor Powers: submitted fresh proposals, in writing, to Mr. Philip Snowden thi evening, as he desired to see them jin black and wi It is learned that the conversations going on between the Belgian, French, Italian and Japanese delegates on the subject of deliveries in kind are progressing well and settlement favourable to Great No More German Sacrifices Following Mr. Philip Snowden's rejection of the proposals made by the four Powers yesterday, the Jatter told the German delegates that if Germany would renounce her claim tu the share of the 300,000,000 marks left by the overlapping of the Young and the Dawes Plans, and agree to an increase in the unconditional annuities in return for a corresponding decrease in the analtonal annuities, the conference saved. ister of Finance, and Dr Curtivs, the German Minister of Economic Affairs, then visited Mr. Snowden and explained the position, They said they saw mo reason why many should make farther sao beyond the Young Plan for the benefit of the four Powers, but that the Germans were willing to make concessions which would not Inevea Germany's financial burdens beyond the Young Plan in return for politic. al concessions, for example the de-from France of a of the Rhineland.

Mr, Snowden's reply is unknown Dut British circles believe that he will insist that concessions must come from the four Powers and not from Germany.

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

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