The Adair County news., 1922-01-17
ALLIES TAKE up
PREPARATIONS
Both BeIgians and French Are
Opposed to Moratorium for
Germany.
PLAN TO REDUCE PAYMENTS
Supreme Council Meeting at Cannes,
France, Considers New Scheme
Belgium Insists on Priority of
2,5o0, 000, 900 Marks.

Cannes, France, Jan. 9.-The allied
supreme council planned to begin con-
sideration of the question of Germany's
war reparatiOns, in an atmosphere
somewhat cleared by Fridays decision
to get together with Russia and Ger
many in an international, financial and
economic conference. The air of pes
simism noticeable Immediately preced-
ing the opening of the council was
largely dissipated by the successful
results of the first days session.
The Belgian delegation has an
nounced that it will insist on Belgium's
priority to 2,5O0,OOO,0OO gold marks of
the German PREPARATIONS. This is re-
garded as an important obstacle to
the British plan, which the French
are disposed to accept in part.
Both the Belgians and the French
are opposed to moratorium for Ger
many, but the French are inclined to
agree to a reduction In the cash pay
ments, provided the difference is made
up by deliveries of PREPARATIONS in kind.
6TIttSn fdNor heouCtton.
The British stick to their proposal
to reduce the total payment due this
year from 2.O00,OOO.OOO gold marks to
500 100000 marks ON condition that
materials be delivered to the value of
1000 OO0, 900 gold marks. At this rate
1t will take five-years to pay off the
priority claimed by the Belgians, and
France will have to wait that long
before receiving any cash at all.
1t is anticipated that the British
delegates, in their. satisfaction over
the success of the scheme for an in
ternatiOnal economic conference with
the Germans and Russians will en-
deavor to find some compromise In
regard to PREPARATIONS that will satisfy
both the French and the Belgians.
Meanwhile Premier BRAND, Lord
CurZOn, British foreign secretary, and
Foreign Minister della loretta of Italy
have been comforting regarding the
treaty signed at Angora between
France and the Turkish natiOnalists.
Disappointment in Paris.
Paris, Jan. 9.-Disappointment and
skepticism were the mildest emotions
aroused in France by the first days
developments at the supreme council
conference in Cannes, judging from
the press comment. L'Eclair, which
is generally credited with representing
Premier BRAND, says:
"A1r. Lloyd George has spoken. He
leads the way and the representatives
of the allies follow as subject fol-
lows the hypnOtist. AS he had an
nOunced, he subOrdinated the question
of PREPARATIONS to that of the recon-
structiOn of Europe, so that Germany
can find in Russia the money she owes
us. 1t is a well-knOwn proceeding.
1t is that followed by all financial ad-
venturers. When the company is un-
able to meet its obligations, new
one is formed in which the capital
of the old one is drowned"
The newspaper concludes: 1.-THE
plot is well designed. We are put to
sleep so Lloyd George can strip us at
his leisure. The pan-German concert
is always up to strength; if we give
up the Rhine, Alsace-Lorraine will be
required of us tomorrow in the name
Of pacificism."
Says Results Are Bad.
The Figaro, organ of conservative
opinion, remarks: ''The first results
at Cannes are frankly bad. Lloyd
George wins easily all along the line.
A great financial and economic con-
ference is to be called at Turin or
Genoa, where the French premier may
exchange views on the reconstruction
of Europe with Lenin and DR.. Wirth.
Meanwhile the inhabitants of our so
called liberated regions continue to
live I'm their huts,"