Great Falls tribune., 1922-01-12
FRANCE DROPS
SHARE IN PAID
WAR INDEMNITY
Remuneration Made to
Permit Reduction Of
Payments for Time.
German Delegation Is
Summoned to Explain
Delinquency inP aging.

Cannes, Jan. 11-(By the Assoeiat-
ed Press. 1.-THE British memorandum
Of the proposed Anglo French pact,
which was telegraphed textually to
Gil meeting here. declared Great Brit
ain makes the security of France
problem Of her own, and that she will
be ready again to throw in her forces.
as in 1914. if French soldiers attack.
The British memorandum of the pro-
posed Anglo French pact, which was
telegraphed textually to London, de-
clared Great Britain makes the Sc
curity of France a problem Of her
own, and that she will be ready again
to throw in her forces, as in 1914,
if French soldiers attack.
Russian Relations Urged
Naval rivalry must be avoided by the
two countries, sets forth the memoir
andum. which declares that the sub
marines have proved in four years ex-
perience to be inept either in naval
attack or defense and can be used
only to prey upon the merchant marine:
Naval competition, it is added, would
coerce any accord.
Resumption of trade relations with
Russia was declared by the memoran-
dunn to be indispensable to the re-
covery of Russia, and the consent of
France to Russian participation in the
economic regulation was made on
friends of the accord. A copy of this
memorandum was handed to Premier
BRAND Tuesday
The document referred to in the
foregoing is probably the memoran
of fbo fally IN ,anln, he-
tween Premiers Lloyd George and
BRAND regarding the proposed Anglo
French treaty.
Threshng Out Preparations
While the allied supreme council
met to consider Germany's war re
parations, most of the interest of the
delegates was centered in Paris, where
the French cabinet was to hold a spe
cial session to consider Frances po-
sition as the result Of the decisions
adverse criticism of Premier BRAND
has developed in his cabinet in connec-
ton with the proposed Anglo French
defensive alliance, and there is much
speculation as to the result of the
cabinets meeting.
Approval. Tuesday night, of the plan
for an international financial confer
ence left the reparatiOns question as
the most important item left on the
agenda.
Representatives Of the German gov
ernment have been summoned to ap-
pear Wednesday evening before the
reparations commission to explain Ger
many's inability to meet her January
and February reparations payments.
The conference with the German
delegation under DR.. Walter Rathenau
were expected to be brief. No delays
will be. granted for the purpose of
comforting with Berlin. and advices
delegation has full powers to act in the
name of its government.
Final Preparations Terms
The final terms for reparations pay
ments that the German delegation will
be asked to accept are 720,0O0,O00 gold
marks and reparations in kind to the
value of 1.75O00O,OOO gold marks an
nually. France. finally renouncing any
paid will get 1,125,00O,00O marks of
the payments in kind each year, the
remainder going as follows: 100000
900 to Italy; 10O.O0O,O0O to Great
Britain; 125,0O0,OOO to Belgium; 4,
O0O,0OG to Japan; and the rest to
other bcneficiaries under the agree
ment.
OF the 100000 gold marks pay
able in cash ID 1929, Great Britain
will get 159,OOO.OOO, of which she will
lend 100000 to France, the loan
being repayable from later cash pay
ments by Germany to France. The
rest will apply to Belgium's priority.
Harvey on Hand Again
This division applies only to the
present year, the idea being that the
payments in cash be in part applied to
payment of interest on series A of the
German bonds to the value of 1OO0,-
100000 gold marks now in the hands
of the reparations commission to Sc
cure payment of 519,00O00O marks
to Belgium, 45O.OOO,OO0 to Great Brit
ain and 81 100000 to Italy
George Harvey, American ambsssa-
dor to Great Britain, attended We'd
nesday's session Of the council. hav-
ing almost completely recovered from
the shock he suffered i'm an automobile
accident on Monday. The members of
the council heartily congratulated him
on his narrow escape.