New-York tribune., 1921-03-21
Plan of French
Aid to Austria
Near Decision
Pledge of Forests and Fac
tories for Loan of Bill
lion German Marks Is
Basis of Negotiations
Provides for Coal Supply
Plea of Chancellor for Per-
mission to Gust Jews
Is Refused by Bourgeois
; Special Gable to The T,lbune

Copyright 1921. New York Tribune Tnc
PARIS, March 20.---The negotiations
between France ana Austria for the re-
Juvenation of Austrian economic life
are expected to terminate tomorrow
1t Will be known then whether France
OBTAINS extensive financial and indus
trial holdings in Austria as a pledge for
casa ADVANCES that the Paris govern
ment is ready to make.
The arrangement under discussion is
SAID to be the handing over to France
OF important property and guarantees
as security for loan of 600 600 O0o
German marks with which the Wanna
government can buy coal. France nos
sesses several billion marks, most of
winch she got when she redeemed the
marks held by inhabitants of Alsace-
Lorraine after the war. 1t is proposed
10 advance 100000 900 of these to
Austria. With this money the Austri
ans could buy 100000 tons of coal
month throughout the coming wear. AL
though 1000, 100000 marks represents h
comparatively small number of collars
lt IS fabulous sum in Austria. where
the crown, normally worth 20 cents. is
now valued at about tenth of a
cent.
Forests and Factories Pledged
1t is reported chat in exchange for
the French loan Austria is asked to
pledge her large forests and the facto
Iles ln which the German coal will be
used. These factories will be the
metallurgical works and plants which
produce wooden articles and fancy
goods.
The French already have large hold
lngs IN the industries of the small
countries of eastern Europe, and their
interests there woald be increased bv
the Austrian pledges at comparative
~ small expense to the French treas
ury.
Chancellor Mayr is in Paris, in
charge of the negotiations for the re-
ilef OF his country. Yesterday he called
On Leon bourgeois, president of the
League OF Nations Council, and re-
9tuested that Austria be permitted by
cne IN league to expel from its soil the
$4,000 Jews who, Mayr said, were TAX
ing advantage of the country's condi-
ton and were bleeding it to death It
rs rs understood that Bourgeois refused
this request. -
Austria also would like to join Ger
mary, but the only way she can do that
legally would be through the League of
Nations. AS, however, the decisions
as France for several reasons is op-
posed to union of Austria and Ger
many, the Paris government holds the
veto over any such link.
London Relief Plan Opposed
VIENNA, March 20 (By The Asso-
ciated Press3.-It is becoming more
and more evident that the Lon
don relief plan is going to meet with
strong opposition in Parliament. Doubt
already has been expressed as to the
ability of Chancellor Mayr to secure the
sanction of Parliament for the plan.
Agitation against the measure al
ready has begun in the press, all par
ties, opposing any proposition which
would place the sources of national rev.
enue under any foreign control, even
that of the League of Nations
The newspaper Abend, after declar-
ing that the Chancellor "is chaffering
away the country for the benefit of the
capitalists and peasants" makes the
statement that there is plenty of wealth
within the country in the hands Of
those two classes to support it until
proper taxation measures and other
reforms are effected.