Evening star., 1923-01-04
POINCARE, In ULTIMATUM,
DEMANDS BRITISH REPLY

might get 50,000,000 to 100000 900
sterling by taking everything she can
get her hands on In Germany, but the
only way of getting a larger sum is
by establishing German credit.
Ine French plan makes recovery i'm
possible. have consulted British pub
! lie opinion carefully and also all avail
able financial opinion and all agree
that you cannot revive Germany unless
you nx a reasonable indemnity and cut
the figures midway between the French
minimum and maximum as named In
the budget report Of the chamber.
Would Hurt Chances.
II you take a little now you will
Destroy all chance of getting much later.
Inc Ruhr Is the Jugular vein Of Ger
many, and IL you establish control there,
me knowledge that you are in power
mere win hurt German industry and
prevent the restoration Of credit. You
propose to take between seventy and
eighty million sterling during the first
year OF the moratorium in deliveries Of
HoiI', HtheirIena,ndise. etc. II you exact these
must must continue to print paper marks
with which to reimburse It's nationals,
ana q revival will be further made I'M
possible. The seizures would be re-
SaiHeo until Germany was able to raise
DIs loans, and this in itself would balk
the re-establishment Of the German
financial position"
Inc British government is fearful
OF the effect which the breaking Of
the entente would have on the Turks
ana also OF the effect such an event
would produce on the attitude Of the
French delegation at Lausanne, and
the British are urging the French 10
continue to work in harmony at Lau-
same. despite the disagreement at
Paris.
The possibility is envisased OF
French support being withdrawn
from the British in the near east and
at Lausanne on the many important
issues still pending there Mr.. Bonar
Laws EFFORT will be simply to dis
tached from such proceedings as the
French government might take to-
ward Germany. without any breaking
or cooperative relations on other
questions.
Belgium More Cheerful
Premier Theunis and Foreign Min
ister Jaspar and their associates in
the Belgian delegation took a more
cheerful view of yesterdays events,
because Mr.. Bonar Law abandoned
that part of the British plan setting
aside Belgium's priority. The Belgian
premier spoke in the conference with
deep emotion, which is quite unusual
In this business man.
Under no circumstances will Bel
gium renounce the right which she
won by her heroic stand during the
war and by the allies unanimous con-
sent after the armistice," said NJ.
Theunis.
All eyes were turned upon Mr.. Bo-
mar Law. Amid a dramatic silence
the British premier arose and said in
matter-of-fact way, which contrast
ed sharply with the Belgian pre-
mier's impassioned tones:
Very we'll. we yield. But we were
under the impression that Belgium
was prepared TO make concessions"
Belgium has reached the limits of
her concessions; perhaps Germany
might be called upon TO make some
effort" N. Theunis replied, and for a
moment the atmosphere of the con-
ference was rather heavily charged
But Marquis Della loretta relieved
the tension by suggesting that tea
be served.
American officials in Paris are fol-
lowing the conference closely and are
keeping in constant touch with the
foreign office and other official
sources Some British observers re-
gard the British plan as being partly
American In character. and II is even
limited that the American government
had in a general way an unofficial
knowledge of its contents before IL
was presented. But American officials
here say they knew nothing of 1t pre-
viously.