New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-09
Proposal to Take Over
More German Finances
in Return for MOraIo.
rum Finds Little Favor
Experts i'm COnclavc
Reject Main Points
French Premier Tells
Lloyd George Elasticity
Is It's Best Feature

mitl IoiHSdf' Ni i rance l"t S'HNi'i Va
Germany's finances in return for n
moratorium for Germany seems not TO
have found favor with the British and
Italian financial experts, mainly be-
cause they foresce that the plan would
involve the Allies In embarrassing po-
litical entanglements which would not
be justified by what might be gained
financially.
This developed to-day during the dis
cussion OF the PoInenre plan by hnan-
cial experts, when there were several
animated tilts.
There was no meeting to-day OF the
conference proper, the time having
been entirely devoted TO consideration
Of the French proposal by the commit
tee OF experts. They did not have
time 20 conclude their deliberations,
and will reassemble tomorrow morn
ing. when they hope 10 be able 70 draft
their report for submission 10 the con-
ference in the afternoon.
Prepares Draft for Experts
The Belgian representative tonight
was preparing the draft Of report
for submission TO tho committee Of
experts, which will meet AT 9:45 o'clock
tomorrow morning. The committees 5
task is merely 20 study the propossl9
with regard 70 their applicability an6
their probable yield, without passing
judgment on them.
Among the new points examined by
the conference were the possibility OF
establishing customs barriers on the
eastern boundary OF German occupied
errltory-whether II would be prac-
ticAblc 10 place n tax upon Everything
entering or leaving the Ruhr region;
the question Of seizure Of state-owned
mines, forests and domains on the eft
bank Of the Rhine. and also whether
the &c per cent OF customs duties pro
vided for in the agreement Of May,
1921. which now goes 70 the Allied
treasures, could. instead. be paid 20
the Repnration Commission. thus form
ing part Of the rcparation fund.
The discussions were mainly con-
fined 10 the French, British and Bel
gian delegates, tho Italians having
taken little part The Belgihns strong
ly supported the French viewpoint in
opposition 10 the British. while the
Italians are leaning toward the British
position, which appears 10 be that II
may easily be possible 10 resort 20
measures Of such stringency as 20 de-
feat the object in view while running
the risk OF ultimately disorganizing
Gcrmany's economic life.
NJ De Lasteyrie. OF France. reply
ing 10 these objections. emphasized
that the proposed measures were OF .
technical economic character, and not
military.
No Unanimity Likely
II seems 10 be apparent that there
will be no unanimity with regard 20
Poincare's proposals. A majority OF
the committee Of experts was against
the proposed customs barrier or the
imposition OF taxation in the occupied
area, while the proposal 10 seize the
mines and forests was rejected. In
this connection, however, IL was de-
cided 10 study the possibility OF a
system Of guarantees assuring 20 the
Allies a supply OF coal and wood.
The proposal TO ask Germany 10 con-
sent 10 concede to the Allies share IN
industrial concerns also was rejected.
A majority Of the committee seemed TO
take the view enuneiated BY Signor
Schanzer, the Italian Foreign Minister,
that there was n contradiction in grant
ing a moratorium and az the same time
taking over German property. The
opinion generally prevailed that the
proposed steps now were needed less IN
view OF the guarantees lately imposed
by the committee on guarantees after
It's visit 10 Berlin.
II seems evident that Poineare's pro-
posals, II they are ever adopted, will
be considerably modified. The French
Premier is considered TO have foreseen
this when he admitted that the pro-
posals were Of an elastic character.
The principal delegates already have
begun talking among themselves over
notifications. NJ Poincare had n long
conversation with Lloyd George during
the day. and tonight, after the ad-
iournment Of the experts committee,
signor Schanzer. and VI. Theunis and
". JasDar, the Belgian representatives.,
visited Downing Street and conferred
with Lloyd George. Poincare also had
a talk with Theunis during the after
noon.
as this your unalterable proposal y
Lloyd George asked Poineare in one OF
their conversations.
"No, ! do not bring IL forward as
such" VI. Poincare replied. IT Is
series Of measures 70 be discussed
subject, Of course. to change"
"If it were not So" Mr.. Lloyd george