The New York herald., 1922-06-17
GERMANY PAYS HER
JUNE INSTALLMENT
Deposits Fifty Million Gold
Marks in Paris, London
and Brussels.
ORDERS IN KIND EASIER
Commission Removes Obstacle
to Obtaining Goods In
stead of Cash.
Special Cable to THE NEW YORK HERALD.
Copyright, 1899, by The NEW YORK HgRAL3.

Special Cable to THE New YORK HERALD.
Copyright, 1899, by The NEW York HERALD
New York Herald Bureau.
Paris. June 10.
The Preparations Committee an
nounced to-day that Germany had de-
posted in Paris. London and Brussels.
the monthly reparations installment Of
50,oco.00U marks gold.
Announcement also was made that the
obstacles which hitherto have prevented
the French placing orders for German ma
terial under the Wiesbaden accord. would
be removed by a subsequent agreement
signed by NJ. Bemelmans of Belgium and
ratified by the commission, and that
henceforward such orders on the repara-
tions account might be placed directly
with German dealers. without passing
through Governmental channels. This
accord will ease the strain caused by all
cash payments.
France was entitled to almost 1.000,-
100000 marks gold in such payments
this year, but. owing to restrictions. at
the end of March she had asked for less
than the value of 00.000.000 paper
marks. of which about one third has been
delivered.
Jugo-Slavia. however, took full ad.
reparation in kind. which is now au.
thorized for all allied nations. Accord.
ing to statistics published to-day her
orders total nearly 4,00o,000,000 paper
marks in the same period. Belgium has
ordered nearly 1,000,000,000 in goods.
Special Gable TO THE NEW YoRK HERALn
Copyright, 1899, by(TuE New York IIEsALn
New York Herald Bureau.
Berlin. June 1G.
Officials of the Government have re.
ceived the communication from the
Rcparatons Commission referring to
the internal loan to be raised. the in
dependent status Of the Reichsbank and
the German budget deficits. Berlin
bankers are unmoved by the new de-
mand that the Reichsbank be separated
entirely from the influence of the Gov.
ernment to stop the progress of deflation.
officials pretend to welcome suggestions
contained in the note for the solution
of the reparations tangle Nevertheless
q crisis impends. for the reply Is to be
presented to the Reichsbank early next
week.
There Is a strong inclination among
important elements in the Reichstag to
cancel the promises Germany has made.
In view of the failure Of the loan. The
V0sstsche zeitittg warns against a poll
icy Of resistance which would precipitats
a catastrophe. other papers advocate
abandonment Of promises, and shows
that battle between the imitation and
deflation parties is iAminent.
Germany is drifting straight toward
the plight Of Austria, so long as initiation
continues" an official told THE NEW
YORK HERALD correspondent. But there
is no hope for the masses keeping alive
IL the printing OF money, Is stopped and
taxes raised The hope of avoiding a
split until the question Is discussed is
lessened by the fact that new taxation
plan is bound to come up in the Reichs-
tag. thus realigning the parties, which
will complicate the reparation problem
later.
The press notes the opening of tho
Hague conference coolly, remarking that
Germany Is only a spectator.
Reichstag leaders say that ratification
of the Rapallo (Russo-German) treaty
would not come UP during the present
session.