New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-05
France to Pay
Debt Only Out
OF Preparations
Must Get % Billion Gold
Marks She Advanced to
Devastated Regions. Says
an Article in lie Temps
LLOYD George Criticized
Talk OF German Revolu-
ton Resented in Paris as
Ammunition for Berlin
s...,nl Cable TO The Tribune


,,.-.,ss.. 1872, New York Tribune Inc.
PARIS, Aug, 4. Two days before
p,.n;er Poincare's departure for the
.onfsrence of the Allied premiers in
roraon "Le Temps" publishes an ar
..,,s certainly inspired by the govern
nent, which confirms the main lines of
"a French program as published in
Ths Tribune eight days ago. lie
Tsraps" says that France is unable to
~. envthing toward her debt before
aocketing an equivalent to the ad-
rrss che has made to the devastated
,sy;ons on the German account. The
arso,,nt is about $4,000, 100000 paper
francs or $4,000, 100000 geld marks.
Tf the debt to Germany is reduced, as
,roposed, to 100000 gold marks,
nd this is solely devoted to the devas-
tatea regions. France will certainly re-
\ Teiys seven-eighths, which is equal to
the advances on the German account
and seven additional billions. The lat
teg is not sufficient for complete rep
arations, but nevertheless the govern
mens will be satisfied if it is possible
to collect rapidly by means of an inter
national loan.
ale TEMPS" adds: "If France in the
future should use part of the German
nayments to settle the debt to England
she would do the same for the United
States. Regarding a moratorium France
cannot accept one unless 1t is very
short and accompanied by new guar
antics for collecting from Germany"
Lloyd George Criticized
Substantially "Le Temps" reproduces
the idea of the government almost on
the eve of the conference of the prem
iers in London. The speeches of Lloyd
George and Sir Robert Horne, Chan
eellor of the Exchequer, have created
a bad impression in Paris, increasing
the pessmism already felt, toward the
London meeting. The most criticized
sentence in Lloyd Georges declaration
is where he says if the Allies are too
hard on Germany she will revert to
communism or be entirely reactionary.
The impression here is that the Eng
lish Premier is assisting German bad
faith and giving the German govern
fnent new arguments which are similar
10 those given the Russian Soviets.
It is pointed out that the danger Of
Russian aggression was emphasized
and that this has never materialized.
French opinion does not believe that
Germany will throw herself into a
revolution voluntarily. However, it is
believed that Germany really does con-
stitute a danger to peace and that
Lloyd Georges predictions merely are
an aggravation.
LONDON, Aug. (By The Associated
,,.s
Cabinet over the Earl of BaIfour's note
on inter-Allied debts is responsible
for report that Premier Lloyd
George contemplates dissolution of
Parliament and an election in the
autumn. Both the United States and
Japan have been notified of the con-
ference Of the Allied premiers to be-
gin here next Monday, and while it
10 not known whether the former will
be represented, speculation is keen
regarding the American attitude
toward the note, which in some quar-
tiers Is said to have made the situation
worse.
One idea advanced regarding the
British policy is that a plan will BIZ
adopted cancelling the European. debts
regardless of Britain's own debt to
N"itVN otateo, UuL lIldC the WOfR
OF carrying out this program will be
transferred to other hands to be
CHOSEN by an appeal to the people.
Plea to American Idealism
Sai1ours note has aroused a discus
sion in the English weeklies as keen
as that which has been going on in
tne dailies. "The Spectator" finds it
lar TOO subtle for the simple matter
with which it deals, ard complains that
is aimed at the American govern
ment' Otherwise, "The Spectator"
ASKS, why was the question of our in
oeStedness to America introduced?"
beiiet is expressed by "The Nation"
sha' LORD Balfour was talking primar-
ny 10 Premier Poincare and not to
america, but that tho effect of his
eogent statement of a reasonable and
generous policy will be to annoy
~. rms journal is of opinion that the
v m;s way to move America to a large
Nv "u leu poilcy is to enlist her idealism:
and V S words" it says, "if America
anu anu Treat Britain could agree to remit
abs s,Sn aebts on condition that France
t sDahqon her militarism. we do not
IN iN w. much inclination would remain
dues" " press US for our