The New York herald., 1921-03-13
BRAND NOW FACES
DEPUTIES QUERIES
Premier's Report to Chamber
on Tuesday Will Stir Up
Financial Problem.
MAY PROVE TO BE ORDEAL
France Wants to Know About
Effects Of Continued Ger
man Passiveness.
MAY PROVE TO BE ORDEAL

Special Cable to THE NEW YonK HERALD.
Copyright, 1921. oy THE NEW YORK HERALD.
New York Herald Bureau.
Paris. March 1e.
The triumphant return OF Premier
BRAND from the London reparations
conference and the satisfaction caused
by the results obtained there are be-
ginning to be tempered by q renewed
consideration OF Frances financial
situation and the effect thereon of the
London decisions.
Premier BRAND will appear Tuesday
before the Chamber OF Deputies to
render an accounting OF his London
visit But while ne unquestionably
will get big vote of approval from
the Chamber and the Government he
VIII be asked some pertinent questions
as 10 how France Is going to come out
financially should the Germans con-
tinue their passive resistance instead
OF accepting the Paris agreement
which is the object OF the present
Rhine policy OF the Allies.
particularly those OF France. are pinned
on a speedy acceptance OF the Paris
agreement by the Germans as affording
virtually the only means whereby
France can begin the readjustment Of
her finances through the mobilization
OF her reparations credits.
Optimistic estimates now do not place
frances share OF the receipts OF the
newly proposed customs regime on the
Rhine as above 700.000.o00 francs in
paper. and this only IL tho Rh!neland
Commission Gin the event the Germans
continue recaicitrant) should decide TO
include a tax on railways. mining op-
crations and forests in the occupied
zone. without these the highest esti-
mates do not exceed 900. 600. 900 francs.
against which stands the budget deficit
OF $1,000. .ooo. 900 TO $4,000. 600. 900 francs
TO be obtained from Germany.
Doubt still exists in financial circles
here whether the so per cent. levy can
be worked out equitably. as an inter-
allied proposal. II is significant that the
Allies had not reached any agreement at
London regarding this measure and its
application and the subsequent distri-
button of the proceeds.
On the condition that all the Allies
put such measures into effect as are pro-
yided in Premier Lloyd Georges bill
and then pool the receipts on the Brus-
sells scale, Frances share is roughly
estimated now, on the basis or Ger
rnany's prc-war exports. at under 3.00o.-
900. 900 paper francs.
Thus supposing the Allies were OBJ
liged TO continue the occupation indefi-
niteiy. and supposing they were TO put
into effect all OF the contemplated eco
nomlc penalties Frances total would be
a little better than under the initial
years OF the Paris agreement. but few
believe that any such sum could be real
lxed BY the present punitive programme.
depending as II does upon 80 many un-
certain economic factors and especially
upon absolute allied accord being main
tanned IN the face OF their conflicting
economic interests
There is a possibility that the Ger
mans are pursuing their waiting policy
knowing that Frances financial neces-
stiles and the problem OF maintaining
allied financial accord are not being over
looked by shrewd inaneiers, who are
unable, therefore. TO share entirely In
the chauvinist rcjoicings over the Lon.
don outcome.
Americas consent for the Allies to Inn
pose the customs barrier at the Coblcnz
Continued on Second Page.