New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-13
British Would
Cut Indemnity
By Two-tlnirds
e,such Amazed at Lloyd
Georges Proposal That
Two Billion Gold Marks
Annually Be Forgiv en-
parley Locked Over Issue
po;ueare Will Not Even
Consider Plan; Italy Is
with Him. Belgians Aloof

.,~ayed 10 learn to-day tiiat Ine brielsh
ss.rssnu,ent proposes and insists upon
sssnetion of the German reparations
s.nments 10 about one-third the
p p-n"nts fxed by the London schedule
s = nsyments of May, l92l--that is. to
..,sai altogether the annual easn pay
o cs Of 2'oOo 100000 gold marks and
= issve the rs per cent assessment on
es Tss text of Lloyd Georges proposal,
xt;sh forms part of the tenth point of
~ british memorandum, reads:
va 'scnb;ect 70 acceptance by the Ger
...n sovernment Of these guarantees, it
All he for the Reparation Commission
:. rrsr. a moratorium in respect to all
~ navments remaining due from
aa-rnsnv i'm TO December 81, 1922, and,
S'r.Lsy the commission shall as soon
.ossible fix the annual payments in
ss.b in respect to all peace treaty
ss.rres for the succeeding period at
snch an amount. not exceeding &c per
osn, ~ the value Of German exports,
"a they may find to be proper with
1 y5eu to the early flotation OF a loan
Ls,-| tbe German government, the major
Enoytion of which shall be devoted to
The payment of PREPARATIONS"
poincare had doubts regarding, the
Interpretation to be placed on this ar
tiels. and 1t was one Of the points re-
Jared by the premiers to the commit
tee OF experts Only at this after
Moons sitting Of the experts committee
did NJ. de Lasteyrie, the French FL
nsnce Minister, obtain explanations
from the British members that it was
designed to reduce the total cash pay
ments to sum amounting to 26 per
cent of the value of German exports,
but leaving the possibility still of pay
msnts in kind. M. de Lasteyrie ]
understood to have informed the COM
mittee there was not the least chance
Of the French government accepting
such an idea or seriously consider
ing 1t.
Consequently, the negotiations be-
tween the French and British are at
standstill. The members Of the French
delegation were greatly surprised that
Lloyd George should send word to
Poincare that he was leaving London
over Sunday, thus causing the loss Of
one day when only two remain before
the expiration of the date on which the
next German payment is due under the
II.
Premier Theunis of Belgium and his
Foreign Minister, NJ. Jaspar. called on
Poineare late this afternoon to discuss
the situation, and tomorrow there will
be "a meeting, without Lloyd George, of
poincare, Theunis and Schanzer, the
Italian Foreign Minister.
Italy Stands With France
The Italian delegation shares the
French view completely, but the Bel
CLANS are less interested, because thew
aie protected by priorities.
The British Cabinet to-day unani-
mcasly accorded it's full support to
Lloyd George in his negotiations for a
moratorium for Germany, and decided
70 leave the matter entirely in his
hands.
The Allied experts who are STUDYING
ne British proposals on the repara-
lions question continued their sessions
THIS afternoon. It is understood that
mere will be no further meeting of
Jog full conference until Monday.
Much discussion is said to be going
On among the experts concerning the
procedure to be adopted in connection
WIN German mines and forests. The
British view is understood to be that
snere should be Allied supervision of
1aese resources only in case Germany
should default in her PREPARATIONS pay
ments. The French view, on the other
hand, Is that there should be complete
control regardless of this contingency.
IL was stated this afternoon that no
compromise on this question was in
sight Meanwhile, the other French
proposals, such as the establishments of
customs line along the Rhine, the
aasmmlng IN Of the Ruhr section and a
% per cent share in the profits of Ger
man factories, are held in allegiance,
aithough the French have not said they
are willing to relinquish these propo-
sails entirely.
IL was stated in British circles that
90 attempt had been made in certain
quarters to raise the question of inter
ahed Indebtedness. but these efforts
ia not yet been successful, the Brit
ism view being that the question of a
..S!riu should be settled before
"nhg up anything else.
Criticism Brings Statement
J q eemi-omclal announcement that no
aenhle agreement had been reached
s.weeh Prenliers Poincare and Llovd
I2fge at the London conference was
u, TINS afternoon. 1t seems the
enhancement ss.;oGncement vas called forth by the
s1iitlciSms heard this morning of Pre-
miei Foincare as having followed his
Ss"eoesSorS example and given way
'e7gfe Lloyd Georges persistence"
,bs. "e announcement begins by stating
nc a.st reports which had been printed to
nv enet that the conversations be-
. uveh She British and French Premiers
/ ,s s'e marked by passionate bitterness
IN. absolutely unfounded, and saws
t.sa On the contrary, they were "ner-
sssy courteous and friendly" 1t then
,.,a at some length that M. Poin-
pasals. " ""S 'n0uiAeo MS pro
me reference by Lloyd George to the
4. .asae OF Nations in the discussions of
Se e .eonierence, told Of in dispatches
h s !. London yesterday, was, accord =
h, y an inspired statement issued to-
las, united to the suggestion that the
s,ssss us De consulted as regards inter
siTva s OF the article of the Treaty
4 ..,, essaliies giving the Allies first
4. e ga ali property and resources of
- :. herman state. "a
.t.ss suggestion, it is explained, was
d, x ssa TO drop, as Poincare opposed
i ten. 10 % bringing the League of Ma
sNor INTO Questions concerning applil
shssa. or or the treaty, except in cases
sssole,aahlt intervention by the league was
raproSi ncare Holds To Program
hs,sS' aug: II (By The Associated
! ssssin~F remler Poincare has not
sr nnt ms program for straighteh-
ass nv the German reparations cues
d. says a Havas-London dispatch to-
es s,s naitish counter proposals, says
s h.ash patch, apparently accept the
ru,ss1. PROPOSALS in nrincinle hnt Tic