Paris, Aug. 27. are among the morning denounce the British eller of the Exchequer for' rejecting the latest proposal made by the French, Italian, Japanese and Belgian delegates at the Hague. part Japanese delegate, Mr. may devise a solution of the dea lock—Reuter, The Ice Broken The Hague, Aug. 27.
"The ice has been broken. The others are continuing the negotia-to reach a settlement." This was the statement made by Dr. Wirt on emerging with the other German delegates from the "Big Six" Conference this evening to enable the other delegations to continue the debate, which had then already lasted four and a half hours.
It is learned that the meeting was} profoundly impressed by a speech from M. Briand, the French Premier and Minister for Foreign Affairs, in which he emphasised the dangers to Europe if a breakdown of the Re-1s Conference were to result. expected that the German Aclegates will be recalled to the conference; later to-night, Tt is believed that Mr. -Philip Snowden, the British Chancellor of the Exchequer, has obtained 75 per cent. of his demands, 1M, Briand is reported to have promised Dr. Stresemann, the German Foreign Minister, that the last} French soldier will be evacuated from the Rhineland by June.30, 1930, in return for which Germany making financial concessions, includ. ing the waiving of her claim to a share of the surplus from the over~ Japping of the Young and the Dawes lans.
The German delegates have -been summoned to confer again. with the other delegates. This is taken to) indicate that a settlement has. been reached.
The British Delegation has issued statement announcing that. an. agreement has been reached, in principle, under which the other Powers will, by adjustments within the frame of the Young Plan and subject to the consent of Germany, secure to Britain a total unconditional annuity of Mks. 96,000,- 000. whereby the Italian State railways will purchase 1,000,000 tons of British coal per annum for three years) at the best British export prices.
The German delegates have not t given their consent. They a meeting Inter in the morning and it is mot doubted that their decision will be favourable.
Britain's annuity is made up as follows:—(1) Ins, 38,000,000 guaranteed by' the other creditor Powers; (2) Mks. 18,000,000 from the' annuities ud (8) Mks. 42,000,000 from Jarrangement, subject to Germany' consent, of the annual amount of unconditional annuity, without increasing the aggregate total, in such 'a way that the amount available for distribution among the _creditor Governments shall be a fixed sum each year.
The ques will be discussed [this morning. As soon as coming, steps will be taken to put} the Young Plan in operation.
The British Foreign Secretary, Mr. Arthur Henderson, interviewed by Reuter's correspondent, described the settlement as being very satisfactory.
Mr. Snowden, as he emerged from the conference, was loudly cheered by British j ind others.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.