The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-03-30

sspeoic1 Cable to THE New York HEnArp-
Copyright. 1899. by THE NEW York HERALD.
New York Herald Bureau.
Paris. March 20.
The speech OF Chancellor Wirth in
reply 10 the latest demands of the
Eeparations Commission has started the
Usual. uprosr in France and with it
repetition of the comedy OF reparations
wi7ISK has been going on for the lasf.
two years. The demand IL now made
What Premier Lloyd George, In his speech
in the House OF Commons Monday on
his Genoa policy. formally reenunciate
his Boulogne agreement with Premier
Poipcare not TO bring the reparatons
alestion before the conference and thus
lreply to the German Chancellor's evil
dent conception - according to the
Erench--that it will constitute sort of
Inourt Of appeal from the Reparations
lfommssion.
N IF the problem OF reparations must
he debated at Genoa says the Temps
IN an inspired article and II new ar
rangements are to be elaborated there
while Germany amuses the Repara tons
Commission with illusory. replies. the
French delegation should go to Genoa
only If armed with a return ticket. and
perhaps Il would be better if1it saved
itself the journey"
~ A definite refusal by Berlin of the
Preparations Commissions proposals Is
expected before the Genoa conference.
thus bringing the problem once more to
'rn acute stage practically simultaneously
with the convocation Of the Genoa gath
erng. Berlin's reply will again be re-
ferred to the Allies by. the commission.
bringing another meeting OF the Supreme
K Council
i
N Wnife fmpa rtial observers fail TO see
how the Preparations question can be
kept out Of the Genoa conference. the
French still are insistent that IL must be
or France will quit the conference Nat
lurally the old threats are being made
In official quarters that France will
exert pressure against German Industrial
areas III the Germna Government does
not meet the latest demands
NJ For two days the Senators have been
discussing Germany's capacity to pay.
They have been urging the Government
70 adopt all possible measures and in
sisting that unless something Is done
Immediately France will be in the posi-
rion of the man who lies In bed while
his home IL burning"
=, The debate In the Senate led 70 an
important statement by Charles de
Lasteyrie. Minister of Finance this aft
@rnoon In which he declared that the
separations must be settled before any
attention Is given to the reconstruction
of Europe.
II Germany can pay declared the
FINANCE Minister. "the only difficulty Is
TO make her do 20 and we will 90 10
the utmost limit In attaining this end
Then turning TO Frances financial dlf-
ficulties he said that he hoped Ger
many would obtain loan, even III not
an international one, by Offering her
factories, mines and railroads as tang
ible security.
NJ. Lasteyrie declared that while
France would like to balance her budget
otherwise. she must seek internal loans
Tor this year at least. relying on taxes
20 cover the interest 1--WE have de-
csded against all new initiation Of our
currency he said. "as we realize that
Y IL remedy more bitter than the
rraiady and likely 10 lead the whole
country TO financial ruin" This a.
surance was greeted with applause by
ali groups.