New Zealand has accepted Presi Jdent Hoover's proposal and also the Jofter of the Government of the, mited Kingdom that this country Jansnenst her payments to Britain Jeepted the option offered by the British Chancellor of the "Exchejaver, Mr. Philip Snowden, to postpone' the whole amount of India's war debts to Great Britain for a year, as from July 1, Its acceptance is contained in an JcSicial communique, which indicates that the Budget "saving thereby! effected will total £836,000, counterbalancing a loss of £229,000 from reparations-—Reuter, Brussels, June 26.
Belgiam's reply to President} loaver's proposal for a "one year holiday from all war debts payments will be forwarded to Washington on Monday, it was nogneed here to-d in reliable quarters it is learned that while Belgium will make large Jconcessions in her efforts to fall into line with President Hoover's plan to aid the world in recovering economic balance she will not sacrifice all reparations payments} {from Germany.
Belgium, the United Press is informed, must insist upon retaining the 20,000,000 marks annuity. which Germany is called upon to to the Brussels Government for reimbursement of the worthless marks with which Germany' flood-jed Belgium while this country was lcccupied during the World War, In_ general President Hoover's] proposal has been cordially received in Belgium, The Belgian reaction to it has been favourable and there las been a "Hoover boom market" in this country during the past few leays. The Belgian reply to President Hoover will be made public here after it has been forwarded to Washington.—United Pre London, Tune 26, The Forvign Secretary, Mr. Henderson, to-day informed the dip-Tomatie representatives of Poland, Rumania, Jugostavia, Esthonia_and Latvia that, should the Hoover Plan eneral eneptance, the Beith Government, would grant capito in the repayment of the res constructions loans made to these countries since the war, even such loans do not actually under the category of war! debts.
This generous action on the part lot the British Government is interpreter here as intended to underline the character of the Hoover Pian as a means to revive the economic life of the world and. asa practical contribution to that. end fy by Great Britain, It i hoped that] other creditor states will follow ind that an extension of the for Europe to-Stimson, See expressed the opinion that the French Chamber' yote of confidence in the French, Government after' debar? on the Note sent by France to President Hoover clearly indicated that France. and the United States would reach a satisfactory agreement on the moratorium problems.
He added that any conclusions reached! at the forthcoming confer Jences naturally. must bs ratified by their respective 'Parliaments, but the apparent willingness of France to enter into further negotiations offered every' hope of success. Reater, Paris, June 27.
Momentous conferences involving the economic health of the world took place here to-day as former! Senator Walter E. Edge, the Ameri ican Ambassador" to Paris, Mr. Andrew W. Mellon, the Secretary Jof the Treasury of the United States, M. Pierre Laval the French mier, M. Aristide Briand, For-Minister. 3.
Text read from the printed page and cleaned; old type leaves the occasional error.