The New York herald., 1922-08-18
COMPROMISE LIKELY
over PREPARATIONS
Two New Proposals Made
Yielding More Than
Poincarc Demands.
TALK or BELGIAN PLAN.
Might Accept German Notes
Hoping American Banks
Would Take Them.
SEEKING TO AVOID A VOTE
Commission Believes France
Entitled to Further Guar
ties From Berlin.
SEEKING TO AVOID 4 VOTE

PARIS. Aug. IL (Associated rressl -
A compromise settlement on the Ger
man reparations problem acceptable
both to France and Great Britain was
regarded as probable by Rcparstions
Commission officials tonight. To-day
at least two new plans for meeting the
French position were discussed and
II was authoritatively stated that the
latest proposals would yield more cash
than the measures prescribed by Pre-
mier Poincare at the London con
ference.
Everything possible is being done
by both French and British members
Of the Reparatious Commission 10
avoid direct vote being taken on
granting a moratorium 10 Germany.
The view is held that such vote
would create a breach between France
and Great Britain.
Seek to Delay Decision.
1t is said the commission will not
formally consider a moratorium for Ger
many until some cor { romise plan has
progressed far enough to reasonably I'M
sure its adoption. A compromise would
bridge over the situation until the Allies
could meet at the end Of this year or
the first part OF next year TO consider
a full settlement of the reparations
question. Commission officials zee an
opportunity for preserving the Entente
and avoiding the consequences OF the
French policy OF Independent action.
The Reparations Commission takes the
view that France Is entitled to demand
further guarantees and that the basis
or the new proposals suggested by the
british delegate and others is additional
security which would bring in more
money than NJ. Poincare's suggested
measures and at the same time would
not cause political disturbances. Com
mission experts say that Poincare's pro-
posal to take over German State forests,
II adopted, would cause an open breach
between the Berlin and Bavarian Gov
ernments.
The desire of the French Government
- settle the reparations crisis within
the commission and thus avoid inde-
pendent action by France lis reliably
reported TO be due to President Millerand.
who desires to exhaust every alternative
before em5ar.Sing on an independent
course and thus bringing to an end
FTdhco-britlSn cooperation,
Hope I'm Elections Here.
The belief persists that IL the present
crisis can be bridged until the end OF
the year the Forthcoming American
elections may bring a change OF heart
regarding the attitude o; tho United
States toward It's European debtors thus
making possible some cancellation OF
deots and thereby favorab'y arfeet the
parationS problem.
The Italians and Begians are work
Ing hard 10 effect a temporary agree
ment. Italian Foreign Minister Schanzer
saw Premier Poincare and IS reported
70 have urged him to agree 10 mora
torium Of three months with certain
additional guarantees which he hoped
Great Britain would accept.
The Belgian plan OF compromise. un-
Der which Belgium would give up all
cash payments due between now and
December and accept IN their place notes
from Germany indorsed by three of the
largest German banking institutions
still remains a possibility, but the Bel
aian Cabinet has not yet definitely ap-
proved the submission of this plan t.
the commission