, 1922-07-18

Associated Press.)-Final set
Element of the German rep
arations problem is beginning
to publicly be recognized in
France as inevitable.
The proposal to reduce the German
indemnity TO fifty billion gold marks.
TO cancel the French debt to Great
Britain and to conclude the long pend
ing Anglo-French defensive alliance
has become such a constant subject
OF discussion in, -reparations circles
that newspaper and political experts.
although not yet defining h terms
IN dotal. are beginning TO accept as a
foregone conclusion that there must be
some such adjustment
The French government IS holding
out vigorously or . formal declaration
By the r~eparations commission that
Germany has voluntarily defaulted but
some Of the French newspapers are
now joining the British in saying that
a German financial catastrophe must
be avoided first and that n question
of Gernany's guilt nay be determined
later.
Neah ID1L INC PAAALSA 1AbAAeN N0n
planning to discuss r~eparntions today
led French authorities TO urge the
French government to take The initia-
tive IN proposing its W plan for re
vision OF the reparations question with
compensation TO France that will make
It possible TO reduce the amount of
reparations and yet to gain in other
ways.
French leaders are smartlng under
recent foreign criticism that France Is
blocking an obviously necessary read
justment, and demand as a prelimin-
airy TO a possible revision OF repara-
tons that the allies at least should
Justify France IN the eyes of the world
to h extent OF placing the blame
squarely upon Germany. The neces-
sity for quick action apparently is be-
ing realized. however, as the govern
ment finally mas hurriedly arranged
with Germany to bring last years
wiesbaden agreement into effect on
Thursday Of this week although the
agreement. calling for huge deliveries
in kin by Germany, wis before the
French parliament six months before
any action vas taken
The ( to-Paris today Dr. tomor-
row of Sir John Bradbury. from Lon
don, whore he has been comforting
with Premier Lloyd George and other
British government officials, is ex-
pectod 10 give considerable impetus
70 tho plan for a new PREPARATIONS set
tiemeut involving the cancellation OF
the F,euch debt TO England n the
reduction of the German indemnity to
SC, ooo. Oco 900 gold marks.
Sir John has been instrumental in
bringing his plan before h repara-
tons commission and It is believed he
will bring with him n statement Of the
definite basis on which Great Britain
would enter into such n settlement.
An expression from h interna-
rmaI committee OF bankers. which
mot IN Paris recently to consider the
subject of the German loan as to Just
what its attitude would be In the
cvent of the fundamental principles OF
the proposed plan were adopted is now
n.,rg rousht- Advocates Of the
schama believe the bankers would be
ututpp to reconvene Immediately and
r~oonsider the project of a vast loan
10 Germany If such a scheme were ap-
proved.
PARIS, July 1s.-By The Asso.
r,ated Press)-A meeting-of h allied
-nr.n,ters to discuss the Preparations
nroblem is expected within h next 10
~ * DAYS. probably in some italian
city. This was indicated today IN Oh
fetal circles where he reparauons -
sue is occupying attention TO he-e@
clusion of all else.
Tho report of the committee on guar
antees, as q result of its prolonged in
vestigation in Germany PROB
ably will b. formally presented to the
Preparations commission Thursday or
Friday.
Tho commission will then carefully