The New York herald., 1921-05-13
GERMANY IS FACING
FIVE TESTS TO BALK
RUHR'S OCCUPATION
Failure of Any One Up to
Nov. Is Will Be Signal
for French Army to
Advance.
BRAND POLICY TO WIN
Francois AragO, Leader of
National Bloc, Declares
Ministry Is Not in
Peril.
EXPECTS u. s. AID ON LOAN
Council Of Ministers Will Hear
Doumer Outline To-day His
Negotiations With Amer
lean Bankers.
EXPECTS u. s. AID ON LOAN

Special Gable to The New York HERALD
Copyright, 1921, by THE New York HERALD
New York Herald Bureau,
Paris, May l2.
An important meeting Of the Coun-
ell Of Ministers is to be held at the
Elysee Palace tomorrow, at which
Paul Doumer, Minister OF Finance,
will outline the recent negotiations
with American bankers regarding the
financing which France is planning
based on the reparation settlement.
This wll be the nucleus of the first
definite financial policy France has had
since the war.
At the same meeting Premier BRAND
will discuss the defence which the
Government will make in the Chamber
OF Deputies on May 10. for which six
teen interpretations have already been
filed covering reparations.
THE BRAND Ministry is not in peril"
declared Francois Arago, leader of the
Bloc National. in an interview to-day
with THE NEW YORK HERALD corre-
spondent. M. Arago's prophecy is
especially valuab BILE, as the groups COM
posing the bloc which he heads con-
troll more than 900 votes in the Cham
ber of Deputies and are proportion
ately as strong in the Senate.
situation Befogged.
II am absolutely convinced Premier
Brands majority win be substantial
one as soon as the Chamber of Depu-
ties understands the real situation,
which is being befogged by interior
political questions" he continued. The
fact is, NJ. BRAND proved great strength
In obtaining allied unanimity, while
really not sacrificing any of Frances
rights"
Nj. Arago was personally inclined to
doubt Chancellor Wirth's ability to keep
Germany in line. but he pointed out
that June /, July i. October 1, Novem-
Der | and November Is each provide
possibilities of German failure, which
would be considered signal for the
French army to enter the Ruhr Valley.
ready 10 carry out the London scheme
in detail.
with the army ready and allied
solidarity assured, France can afford to
give Germany this last chance to make
good her promises" he declared.
1T is wrong to believe that France
wants to occupy the Ruhr Valley IL she
can get paid without such occupation,
but it must be remembered that we
have not given up our right of auto
maucally applying the sanctions (penal-
ties) on the first evidence of Germany
attempting to evade either the repara-
tions or the disarmament clauses OF
the agreement. Meanwhile we will keep
our troops where they are, replacing
the class of 1919 by recruits as soon
as the last class Is sufficiently trained.
Confident Of Support.
I'VE are confident America will UNDER
stand our position as well as appreciate
that In handling the settlement under
Germsny's new promises the chief fac
tor is our ability to internationalize our
claims on Germany and In this the aid
of the United States Is indispensab ble."
Recalling the United States war aid,
materially and morally. NJ. Arago de-
clared that France was taking the ap-
pointment of Ambassador Herrick who
has never concealed his FrancophilIsm
as an indication that the United States
Government does not intend to abandon
France
Just as In the days of the war;
America will help us financially in the
future until such time as the German
bonds will have value In world mar
kets," he said.
But meanwhile France must call on
her friends for substantial loans, owing
TO the low ofYer by big bankers for the
German bonds. This offer Is rarely
more than 72 per cent.
"Of course we will not get enough
from Germany TO meet our expenses"
added M Arago. but by external loans.
coupled with internal issues where
necessary and occasional sales of Ger
man bonds, am confident that the day
will come soon when Europe will be
near normal and when we will see a
tremendous revival OF trade, as well as
sympathy and financial help for strug-
Cling France. As soon "a this Is at
tained we can consider the German
bonds internationalized, ms they will be
acceptable In the payment of either
national or private debts"