Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1923-09-13
PARIS IS BELIEVED
WILLING To ACCEPT
BERLIN PROPOSALS
BY DAVID LAWRENCE
(Leased Wire Service to The JournaL)
DOWNRIGHT. 1923.l

Copyright, 1929
WASHINGTON, Sept. 11.-Almost
overnight has the spirit of hope and
encouragement, with reference to the
European outlook, come over off,
cial Washington.
The news that Germany is about
to cease passive resistance in the
Ruhr is accepted as due in large.
part to the influence of Great Britt
~ain. Being unable herself to force
a recession of the French viewpoint
by public exchanges of notes, Brit
ain is believed to have persuaded the
Germans to retreat. This manSuver
!. would tend to remove the chief OBJ
stacle setSby the French against ne
gotiating a Ruhr settlement, and
make the atmosphere more favorable
to mutual concessions.
The break in the Ruhr situation is
not due to any sudden realization by
Germany that passive resistance was
q wrong policy, but to a knowledge
through to the bitter end, and that
the support of Britain was of little
value, unless the British were ready
to take drastic steps, something TO
which powerful influences inside the
British empire were vigorously op-
posed.
Industrialists at Work
For many weeks the American gov
eminent has been aware that be-
meath the surface negotiations were
proceeding between the Industrial
lists of all European powers with
view to effecting a settlements The
rumu.s that the induStrialiSts have
reached an agreement comes slgnLn,
cantIy at the same time that word
goes forth from Berlin of the pros
pective end of passive resistance.
There have been well-defined re-
norris from Paris for some time that
il the German industrlallsts Woulu
agree to permit the acquisition by
French interests of 26 per cent OF
some of the larger mines and manu-
featuring concerns of Germany the
quarrel about the Ruhr could easily
be ended. -.
Twenty-six per cent carries with
1t a qualified vote of power over the
majority under Prusslan law, WHICH,
in some respects, makes the mInor-
ity holders of stock as powerful as
the majority. News is expected at
Z any moment that on some such oasis
have the industrialists of france
gained a victory and, of course, be-
hind them is the Poincare govern
ment.
The gradual decline of the mark
and the certainty that II uncheckeu
the situation in Germany would drllt
into the hands of the monarchlsts
and bring about economic chaos,
with no particular advantage TO any
body, has brought the present Ger
man ministry to its senses, and VIII
no doubt have a soVering influence
on the French.
Position of Britain
The belief here is that Great Brit
ain has assumed the role of confl-
Dental mediator and that she Will
be in a position to re lain the trust
of France and preserve the entente
by the negotiations now in process.
Naturally the american govern:
ment is taking no active part IN
what is going on but is an interested
. ~and well-informed onlooker.
The prospect is that, if the French
and Germans can come to an agree
yment about the Ruhr and repara-
r. lions, the international bankers OF
all countries, including America,
will take an interest once more IN
floating an international loan. Ine
bankers committee which met at the
suggestion of the reparations COM
mission in Paris a year and nan
ago might be asked to sit again ana
give an expert appraisal OF German
assets for the benefit Of the commits
sion.
The whole situation for the mo-
ment looks favorable to European
settlement.
FRENCH AMBASSADOR
TALKS WITH STRESEMANN
PARIS, Sept. 11.-(By the Asso
ciated Press. Recommendations that
are taking place between Joaquin
de Margerie, French ambassador &c
Germany, and Chancellor Strese
mann in Berlin, are considered by
the French government as leading
toward a settlement of the repara
ton question, although it is stated
J that the chancellor has not>yet made
- a definite offer.
The conferences between M. De
Margerie and Chancellor Stresemanr
will be continued.
Any proposition received by
France from Chancellor Stresemanr
will be communicated Immediately
to the British and other allied gov
ernments.
PROGRESS is MADE
IN BERLIN NEGOTIATIONS
BERLIN, Sept. 11.-(By the AS
ISOLATED Press. )-Political circle
aver that progress is being mad
in unofficial efforts to Strengthen
the atmosphere Of contact" Whlci
the government is endeavorlng t.
establish with France. These IN
formal conversations, it is believe
forecast official action by the Ger
man. government.
y An outline of the extensive ecc
nomic guarantees which Germany i
prepared to pledge for the paymen
Of her reparation obligations,
generally looked for in the address
which Chancellor Stresemann l
scheduled to deliver in Berlin Wee
nesday.
This plan, it is known, is base